How to Stake Jupiter (JUP)

Introduction

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

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

   Platform	Mint	Cost
   PrimeXBT	Jupiter (JUP)	0,21
   Coinbase	Jupiter (JUP)	0,21
   Kraken	Jupiter (JUP)	0,21
   Uphold	Jupiter (JUP)	0,55
   Azbit	Jupiter (JUP)	0,21

   View all 29 prices

2. 2. Select a Jupiter Wallet

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

   Platform	Mint	Staking rewards in South Africa
   YouHodler	Jupiter (JUP)	Up to 15% APY

3. 3. Delegate Your JUP

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