Introduction

Staking Bluzelle can be an excellent choice for those looking to hold BLZ while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. 1. Acquire Bluzelle (BLZ) Tokens

   To stake Bluzelle, you first need to acquire it. To obtain Bluzelle, you'll need to buy it. You can select from these popular exchanges available in South Africa.

   Platform	Mint	Cost
   Binance	Bluzelle (BLZ)	0,06
   Coinbase	Bluzelle (BLZ)	0,02
   Kraken	Bluzelle (BLZ)	0,02
   Uphold	Bluzelle (BLZ)	0,04
   BingX	Bluzelle (BLZ)	0,02
   Bitget	Bluzelle (BLZ)	0,04

   View all 32 prices

2. 2. Select a Bluzelle Wallet

   Once you have BLZ, you'll need to choose a Bluzelle wallet to store your tokens securely. Here are some solid options to consider.

3. 3. Delegate Your BLZ

   We recommend using a staking pool when staking BLZ. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their BLZ, which increases their chances of validating transactions and earning rewards. You can manage 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 Bluzelle network. You'll be rewarded with BLZ for these validations.

What to Keep in Mind

There are transaction and staking pool fees you need to take into account. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this process can take some time.