How to Stake Mantle (MNT): A Step-by-Step Guide for South Africans

Introduction

Staking Mantle can be an excellent choice for those looking to hold MNT 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 Mantle (MNT) Tokens
To stake Mantle, you first need to acquire it. To obtain Mantle, you'll need to buy it. You can select from these popular exchanges available in South Africa.
Platform Mint Cost
YouHodler Mantle (MNT) 1,11
Coinbase Mantle (MNT) 1,12
Kraken Mantle (MNT) 1,11
Uphold Mantle (MNT) 0,68
Bake Mantle (MNT) 1,11
BingX Mantle (MNT) 1,11
View all 27 prices
2. Select a Mantle Wallet
Once you have MNT, you'll need to choose a Mantle wallet to store your tokens securely. Here are some solid options to consider.
Platform Mint Staking rewards in South Africa
YouHodler Mantle (MNT) Up to 15% APY
3. Delegate Your MNT
We recommend using a staking pool when staking MNT. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their MNT, 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 Mantle network. You'll be rewarded with MNT for these validations.

Platform	Mint	Cost
YouHodler	Mantle (MNT)	1,11
Coinbase	Mantle (MNT)	1,12
Kraken	Mantle (MNT)	1,11
Uphold	Mantle (MNT)	0,68
Bake	Mantle (MNT)	1,11
BingX	Mantle (MNT)	1,11

Platform	Mint	Staking rewards in South Africa
YouHodler	Mantle (MNT)	Up to 15% 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.