Introduction

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

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

   Platform	Mint	Cost
   YouHodler	Euro (EUR)	1,16
   Binance	Euro (EUR)	1,16
   Kraken	Euro (EUR)	1,16
   Uphold	Euro (EUR)	1,14
   Bake	Euro (EUR)	1,16
   BingX	Euro (EUR)	1,16

   View all 22 prices

2. 2. Select a Euro Wallet

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

3. 3. Delegate Your EUR

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