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Staking Euro is an excellent choice for those looking to hold EUR while earning yield securely and supporting the network. The process may seem overwhelming, especially for first-timers. That's why we've created this guide to help you through it.
To stake Euro, you first need to acquire it. You can purchase Euro from various popular exchanges.
| Platform | Coin | Cost |
|---|---|---|
| YouHodler | Euro (EUR) | 1.16 |
| Binance | Euro (EUR) | 1.16 |
| Kraken | Euro (EUR) | 1.16 |
| Uphold | Euro (EUR) | 1.14 |
| Bake | Euro (EUR) | 1.16 |
| BingX | Euro (EUR) | 1.16 |
Once you have EUR, you'll need to select a Euro wallet to keep your tokens safe. Here are some great options.
We suggest using a staking pool for staking EUR. It's easier and quicker to start. A staking pool consists of validators who pool their EUR, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.
You will need to wait for your deposit to be confirmed by your wallet. Once confirmed, you will automatically validate transactions on the Euro network. You will be rewarded with EUR for these validations.
Consider the transaction and staking pool fees. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, which can take some time.
