Where and How to Stake Synternet (NOIA)

Introduction

Staking Synternet can be a great option for those who want to hold NOIA 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 Synternet (NOIA) Tokens

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

   Platform	Coin	Price
   MEXC Global	Synternet (NOIA)	0.06
   BingX	Synternet (NOIA)	0.06
   Gate.io	Synternet (NOIA)	0
   Kucoin	Synternet (NOIA)	0.05
   Bitpanda	Synternet (NOIA)	0.03
   HTX	Synternet (NOIA)	0.05

   See all 6 prices

2. 2. Choose a Synternet Wallet

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

   Platform	Coin	Staking rewards
   Stakin	Synternet (NOIA)	Up to 19.3 APY
   MyCointainer	Synternet (NOIA)	Up to 5.92 APY

3. 3. Delegate Your NOIA

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