How to Stake Bone ShibaSwap (BONE)

Introduction

Staking Bone ShibaSwap can be an excellent choice for those looking to hold BONE 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 Bone ShibaSwap (BONE) Tokens

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

   Platform	Mint	Cost
   OKX	Bone ShibaSwap (BONE)	0,23
   Uphold	Bone ShibaSwap (BONE)	0,29
   BingX	Bone ShibaSwap (BONE)	0,08
   Bitget	Bone ShibaSwap (BONE)	0,19
   Bitmart	Bone ShibaSwap (BONE)	0,08
   CoinEx	Bone ShibaSwap (BONE)	0,08

   View all 23 prices

2. 2. Select a Bone ShibaSwap Wallet

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

   Platform	Mint	Staking rewards in South Africa
   MyCointainer	Bone ShibaSwap (BONE)	Up to 8,12% APY

3. 3. Delegate Your BONE

   We recommend using a staking pool when staking BONE. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their BONE, 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 Bone ShibaSwap network. You'll be rewarded with BONE 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.