How to Stake Nova Merged wBTC (zkLink) (WBTC)

Introduction

Staking Nova Merged wBTC (zkLink) can be an excellent choice for those looking to hold WBTC 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 Nova Merged wBTC (zkLink) (WBTC) Tokens

   To stake Nova Merged wBTC (zkLink), you first need to acquire it. To obtain Nova Merged wBTC (zkLink), you'll need to buy it. You can select from these popular exchanges available in South Africa.

   Platform	Mint	Cost
   Uphold	Nova Merged wBTC (zkLink) (WBTC)	105 586,08
   Blockchain.com	Nova Merged wBTC (zkLink) (WBTC)	19 154,51
   Currency.com	Nova Merged wBTC (zkLink) (WBTC)	85 217,85
   FMFW.io	Nova Merged wBTC (zkLink) (WBTC)	109 934
   Phemex	Nova Merged wBTC (zkLink) (WBTC)	87 503,87
   Probit	Nova Merged wBTC (zkLink) (WBTC)	107 090

   View all 12 prices

2. 2. Select a Nova Merged wBTC (zkLink) Wallet

   Once you have WBTC, you'll need to choose a Nova Merged wBTC (zkLink) wallet to store your tokens securely. Here are some solid options to consider.

   Platform	Mint	Staking rewards in South Africa
   FMFW.io	Nova Merged wBTC (zkLink) (WBTC)	Up to 1% APY

3. 3. Delegate Your WBTC

   We recommend using a staking pool when staking WBTC. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their WBTC, 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 Nova Merged wBTC (zkLink) network. You'll be rewarded with WBTC 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.