Where and How to Stake Cyberpunk City (CYBER)

Introduction

Staking Cyberpunk City can be a great option for those who want to hold CYBER 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 Cyberpunk City (CYBER) Tokens

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

   Platform	Coin	Price
   Binance	Cyberpunk City (CYBER)	2.72
   BTSE	Cyberpunk City (CYBER)	2.69
   Kucoin	Cyberpunk City (CYBER)	2.70
   Crypto.com	Cyberpunk City (CYBER)	2.69

   See all 4 prices

2. 2. Choose a Cyberpunk City Wallet

   Once you have CYBER, you’ll need to choose a Cyberpunk City wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Bitmart	Cyberpunk City (CYBER)	Up to 3.00 APY

3. 3. Delegate Your CYBER

   We recommend using a staking pool when staking CYBER. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their CYBER, 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 Cyberpunk City network. You’ll be rewarded with CYBER 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.