How to Stake Cronos (CRO)

Introduction

Staking Cronos can be an excellent choice for those looking to hold CRO 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 Cronos (CRO) Tokens

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

   Platform	Mint	Cost
   Coinbase	Cronos (CRO)	0,1
   Kraken	Cronos (CRO)	0,1
   OKX	Cronos (CRO)	0,14
   Uphold	Cronos (CRO)	0,1
   Azbit	Cronos (CRO)	0,1
   BingX	Cronos (CRO)	0,33

   View all 34 prices

2. 2. Select a Cronos Wallet

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

   Platform	Mint	Staking rewards in South Africa
   Atomic Wallet	Cronos (CRO)	Up to 10% APY

   View all 4 staking rewards available

3. 3. Delegate Your CRO

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