Introduction

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

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

   Platform	Mint	Cost
   Binance	Neutron (NTRN)	0,03
   Kraken	Neutron (NTRN)	0,03
   Bake	Neutron (NTRN)	0,03
   BingX	Neutron (NTRN)	0
   Bitget	Neutron (NTRN)	0,03
   Bitmart	Neutron (NTRN)	0,09

   View all 34 prices

2. 2. Select a Neutron Wallet

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

3. 3. Delegate Your NTRN

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