How to Stake EOS (EOS)

Introduction

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

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

   Platform	Mint	Cost
   Nexo	EOS (EOS)	0,78
   PrimeXBT	EOS (EOS)	0,75
   EarnPark	EOS (EOS)	0,18
   YouHodler	EOS (EOS)	0,78
   Binance	EOS (EOS)	0,78
   BTSE	EOS (EOS)	0,78

   View all 55 prices

2. 2. Select a EOS Wallet

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

   Platform	Mint	Staking rewards in South Africa
   YouHodler	EOS (EOS)	Up to 13% APY
   Binance	EOS (EOS)	Up to 7,5% APY

   View all 9 staking rewards available

3. 3. Delegate Your EOS

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