Introduction

Staking NKN is an excellent choice for those looking to hold NKN 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 NKN (NKN) Tokens

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

   Platform	Coin	Cost
   Binance	NKN (NKN)	0.01
   Coinbase	NKN (NKN)	0.01
   BingX	NKN (NKN)	0.01
   Bitget	NKN (NKN)	0.01
   Bitmart	NKN (NKN)	0.03
   Bitpanda	NKN (NKN)	0.11

   View all 30 prices

2. 2. Select a NKN Wallet

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

3. 3. Delegate Your NKN

   We suggest using a staking pool for staking NKN. It's easier and quicker to start. A staking pool consists of validators who pool their NKN, 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 NKN network. You will be rewarded with NKN 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.