Introduction

Staking Coreum can be a great option for those who want to hold COREUM but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Coreum (COREUM) Tokens

   In order to stake Coreum, you need to have it. To obtain Coreum, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Uphold	Coreum (COREUM)	0.11
   Bitget	Coreum (COREUM)	0.11
   MEXC Global	Coreum (COREUM)	0.12
   Bitmart	Coreum (COREUM)	0.12
   Gate.io	Coreum (COREUM)	0.11
   Bitpanda	Coreum (COREUM)	0.27

   See all 13 prices

2. 2. Choose a Coreum Wallet

   Once you have COREUM, you'll need to choose a Coreum wallet to store your tokens. Here are some good options.

3. 3. Delegate Your COREUM

   We recommend using a staking pool when staking COREUM. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their COREUM, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Start Validating

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

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.