Introduction

Staking Neon is an excellent choice for those looking to hold NEON 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.

Comprehensive Guide

1. 1. Acquire Neon (NEON) Tokens

   To stake Neon, you first need to acquire it. You can purchase Neon from various popular exchanges.

   Platform	Coin	Cost
   Coinbase	Neon (NEON)	0.06
   BingX	Neon (NEON)	0.06
   Bitmart	Neon (NEON)	0.06
   CoinEx	Neon (NEON)	0.06
   CoinList	Neon (NEON)	0.14
   Crypto.com	Neon (NEON)	0.06

   View all 22 prices

2. 2. Select a Neon Wallet

   Once you have NEON, you'll need to select a Neon wallet to keep your tokens safe. Here are some great options.

3. 3. Delegate Your NEON

   We suggest using a staking pool for staking NEON. It's easier and quicker to start. A staking pool consists of validators who pool their NEON, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.

4. 4. Begin Validation

   You will need to wait for your deposit to be confirmed by your wallet. Once confirmed, you will automatically validate transactions on the Neon network. You will be rewarded with NEON for these validations.

Key Considerations

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.