How to Stake Razor Network (RAZOR)

Introduction

Staking Razor Network can be an excellent choice for those looking to hold RAZOR 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 Razor Network (RAZOR) Tokens

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

   Platform	Mint	Cost
   Gate.io	Razor Network (RAZOR)	0,000821
   MEXC Global	Razor Network (RAZOR)	0,0007749

   View all 4 prices

2. 2. Select a Razor Network Wallet

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

   Platform	Mint	Staking rewards in South Africa
   Stakin	Razor Network (RAZOR)	Up to 10,79% APY

3. 3. Delegate Your RAZOR

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