How to Stake JUNO (JUNO)

Introduction

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

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

   Platform	Mint	Cost
   Kraken	JUNO (JUNO)	0,04
   MEXC Global	JUNO (JUNO)	0,07

   View all 4 prices

2. 2. Select a JUNO Wallet

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

   Platform	Mint	Staking rewards in South Africa
   Stakely.io	JUNO (JUNO)	Up to 23,81% APY
   Stakewolle	JUNO (JUNO)	Up to 30,57% APY
   Stakin	JUNO (JUNO)	Up to 25,57% APY

   View all 6 staking rewards available

3. 3. Delegate Your JUNO

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