Introduction

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

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

   Platform	Mint	Cost
   Binance	LeverFi (LEVER)	0,000175
   BTSE	LeverFi (LEVER)	0,000321
   BingX	LeverFi (LEVER)	0,00001803
   Bitget	LeverFi (LEVER)	0,000211
   Bitmart	LeverFi (LEVER)	0,000019
   Bitpanda	LeverFi (LEVER)	0

   View all 24 prices

2. 2. Select a LeverFi Wallet

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

3. 3. Delegate Your LEVER

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