Where and How to Stake Pepecoin Network (PEP)

Introduction

Staking Pepecoin Network can be a great option for those who want to hold PEP 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 Pepecoin Network (PEP) Tokens

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

   Platform	Coin	Price
   Bitmart	Pepecoin Network (PEP)	0.00001775

2. 2. Choose a Pepecoin Network Wallet

   Once you have PEP, you’ll need to choose a Pepecoin Network wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Bitmart	Pepecoin Network (PEP)	Up to 0.8 APY

3. 3. Delegate Your PEP

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