How to Stake Notcoin (NOT): A Step-by-Step Guide for South Africans

Introduction

Staking Notcoin can be an excellent choice for those looking to hold NOT 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 Notcoin (NOT) Tokens
To stake Notcoin, you first need to acquire it. To obtain Notcoin, you'll need to buy it. You can select from these popular exchanges available in South Africa.
Platform Mint Cost
PrimeXBT Notcoin (NOT) 0,000533
YouHodler Notcoin (NOT) 0,000535
Binance Notcoin (NOT) 0,000535
Kraken Notcoin (NOT) 0,000534
OKX Notcoin (NOT) 0
Uphold Notcoin (NOT) 0
View all 44 prices
2. Select a Notcoin Wallet
Once you have NOT, you'll need to choose a Notcoin wallet to store your tokens securely. Here are some solid options to consider.
Platform Mint Staking rewards in South Africa
Binance Notcoin (NOT) Up to 7,9% APY
3. Delegate Your NOT
We recommend using a staking pool when staking NOT. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their NOT, 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 Notcoin network. You'll be rewarded with NOT for these validations.

Platform	Mint	Cost
PrimeXBT	Notcoin (NOT)	0,000533
YouHodler	Notcoin (NOT)	0,000535
Binance	Notcoin (NOT)	0,000535
Kraken	Notcoin (NOT)	0,000534
OKX	Notcoin (NOT)	0
Uphold	Notcoin (NOT)	0

Platform	Mint	Staking rewards in South Africa
Binance	Notcoin (NOT)	Up to 7,9% 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.