How to Stake Injective (INJ): A Step-by-Step Guide for South Africans

Introduction

Staking Injective can be an excellent choice for those looking to hold INJ 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 Injective (INJ) Tokens
To stake Injective, you first need to acquire it. To obtain Injective, you'll need to buy it. You can select from these popular exchanges available in South Africa.
Platform Mint Cost
PrimeXBT Injective (INJ) 5,17
YouHodler Injective (INJ) 5,18
Binance Injective (INJ) 5,17
BTSE Injective (INJ) 5,18
Coinbase Injective (INJ) 5,17
View all 63 prices
2. Select a Injective Wallet
Once you have INJ, you'll need to choose a Injective wallet to store your tokens securely. Here are some solid options to consider.
Platform Mint Staking rewards in South Africa
YouHodler Injective (INJ) Up to 15% APY
Uphold Injective (INJ) Up to 9% APY
Atomic Wallet Injective (INJ) Up to 17% APY
Binance Injective (INJ) Up to 12,5% APY
View all 25 staking rewards available
3. Delegate Your INJ
We recommend using a staking pool when staking INJ. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their INJ, 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 Injective network. You'll be rewarded with INJ for these validations.

Platform	Mint	Cost
PrimeXBT	Injective (INJ)	5,17
YouHodler	Injective (INJ)	5,18
Binance	Injective (INJ)	5,17
BTSE	Injective (INJ)	5,18
Coinbase	Injective (INJ)	5,17

Platform	Mint	Staking rewards in South Africa
YouHodler	Injective (INJ)	Up to 15% APY
Uphold	Injective (INJ)	Up to 9% APY
Atomic Wallet	Injective (INJ)	Up to 17% APY
Binance	Injective (INJ)	Up to 12,5% 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.