Where and How to Stake Wrapped ZETA (WZETA)

Introduction

Staking Wrapped ZETA can be a great option for those who want to hold WZETA 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 Wrapped ZETA (WZETA) Tokens

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

   Platform	Coin	Price
   Bitpanda	Wrapped ZETA (WZETA)	0.72
   OKX	Wrapped ZETA (WZETA)	0.69
   Coinbase	Wrapped ZETA (WZETA)	0.70
   BTSE	Wrapped ZETA (WZETA)	0.70
   Bitmart	Wrapped ZETA (WZETA)	0.71
   BingX	Wrapped ZETA (WZETA)	0.73

   See all 11 prices

2. 2. Choose a Wrapped ZETA Wallet

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

   Platform	Coin	Staking rewards
   Bitpanda	Wrapped ZETA (WZETA)	Up to 5.00 APY
   Bitmart	Wrapped ZETA (WZETA)	Up to 1.00 APY

3. 3. Delegate Your WZETA

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