How to Stake Gas (GAS): A Step-by-Step Guide for South Africans

Introduction

Staking Gas can be an excellent choice for those looking to hold GAS 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. Acquire Gas (GAS) Tokens
To stake Gas, you first need to acquire it. To obtain Gas, you'll need to buy it. You can select from these popular exchanges available in South Africa.
Platform Mint Cost
Binance Gas (GAS) 2,22
OKX Gas (GAS) 2,85
BingX Gas (GAS) 2,22
Bitget Gas (GAS) 2,21
Bitmart Gas (GAS) 2,21
Bitpanda Gas (GAS) 5,72
View all 31 prices
2. Select a Gas Wallet
Once you have GAS, you'll need to choose a Gas wallet to store your tokens securely. Here are some solid options to consider.
Platform Mint Staking rewards in South Africa
Everstake Gas (GAS) Up to 9% APY
3. Delegate Your GAS
We recommend using a staking pool when staking GAS. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their GAS, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
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 Gas network. You'll be rewarded with GAS for these validations.

Platform	Mint	Cost
Binance	Gas (GAS)	2,22
OKX	Gas (GAS)	2,85
BingX	Gas (GAS)	2,22
Bitget	Gas (GAS)	2,21
Bitmart	Gas (GAS)	2,21
Bitpanda	Gas (GAS)	5,72

Platform	Mint	Staking rewards in South Africa
Everstake	Gas (GAS)	Up to 9% APY

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.