How to Stake Fantom (FTM) in Russia

Introduction

Staking Fantom can be an excellent choice for those in Russia looking to hold FTM while earning a yield 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 comprehensive guide tailored for the Russian audience.

Step-by-Step Guide

1. 1. Acquire Fantom (FTM) Tokens in Russia

   To stake Fantom in Russia, you first need to acquire it. To obtain Fantom, you'll need to purchase it from one of the popular cryptocurrency exchanges available in the Russian market.

   Платформа	Криптовалюта	Cost
   Nexo	Fantom (FTM)	0.47
   PrimeXBT	Fantom (FTM)	0.68
   YouHodler	Fantom (FTM)	0.7
   Binance	Fantom (FTM)	0.7
   BTSE	Fantom (FTM)	0.64
   Coinbase	Fantom (FTM)	1

   View all 43 rates

2. 2. Select a Fantom Wallet for Your Needs in Russia

   Once you have FTM, you'll need to choose a Fantom wallet to securely store your tokens. In Russia, there are several reliable options to consider that cater to local users. Here are some good choices for cryptocurrency wallets that are popular among Russian investors.

   Платформа	Криптовалюта	Staking yields
   Ankr	Fantom (FTM)	Up to 3.59% APY in Russia
   Binance	Fantom (FTM)	Up to 0.59% APY in Russia

   Explore all 10 staking rewards available in Russia

3. 3. Delegate Your FTM in Russia

   We recommend using a staking pool when staking FTM in Russia. It's simpler and faster to get started. A staking pool is a collective of validators who combine their FTM, increasing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface, which is often compatible with popular Russian platforms.

4. 4. Start Validating

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

What to Consider in Russia

In Russia, it's important to be aware of the transaction and staking pool fees that may apply. Additionally, you might encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time, so patience is key as you navigate the Russian cryptocurrency landscape.