How to Stake ZKsync (ZK) for optimal returns

Introduction

Staking ZKsync can be an excellent choice for those looking to hold ZK while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for South Korea's Financial Landscape 1

1. 1. Acquire ZKsync (ZK) Tokens

   To stake ZKsync, you first need to acquire it. To obtain ZKsync, you'll need to purchase it from a cryptocurrency exchange. You can choose from these popular platforms available in South Korea.

   플랫폼	코인	Price
   BTSE	ZKsync (ZK)	0.06 APY
   Coinbase	ZKsync (ZK)	0.06 APY
   Kraken	ZKsync (ZK)	0.06 APY
   OKX	ZKsync (ZK)	0.06 APY
   Bake	ZKsync (ZK)	0.06 APY
   BingX	ZKsync (ZK)	0.06 APY

   Check out all 41 prices

2. 2. Select a ZKsync Wallet

   Once you have ZK, you'll need to select a ZKsync wallet to securely store your tokens. Here are some recommended options that are popular among Korean users.

   플랫폼	코인	Staking 보상
   Bitmart	ZKsync (ZK)	Up to 1% APY

3. 3. Delegate Your ZK in South Korea

   We recommend using a staking pool when staking ZK. It’s more convenient and quicker to get started. A staking pool consists of a group of validators who combine their ZK, increasing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the ZKsync network. For these validations, you will be rewarded with ZK.

What to Keep in Mind

You should be aware of the transaction and staking pool fees that apply. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time in the process.