How to Stake Render (RENDER): A Step-by-Step Guide for South Africans

Introduction

Staking Render can be an excellent choice for those looking to hold RENDER 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 Render (RENDER) Tokens
To stake Render, you first need to acquire it. To obtain Render, you'll need to buy it. You can select from these popular exchanges available in South Africa.
Platform Mint Cost
PrimeXBT Render (RENDER) 1,28
YouHodler Render (RENDER) 1,28
Binance Render (RENDER) 1,28
Coinbase Render (RENDER) 1,28
Kraken Render (RENDER) 1,28
OKX Render (RENDER) 1,31
View all 54 prices
2. Select a Render Wallet
Once you have RENDER, you'll need to choose a Render wallet to store your tokens securely. Here are some solid options to consider.
3. Delegate Your RENDER
We recommend using a staking pool when staking RENDER. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their RENDER, 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 Render network. You'll be rewarded with RENDER for these validations.

Platform	Mint	Cost
PrimeXBT	Render (RENDER)	1,28
YouHodler	Render (RENDER)	1,28
Binance	Render (RENDER)	1,28
Coinbase	Render (RENDER)	1,28
Kraken	Render (RENDER)	1,28
OKX	Render (RENDER)	1,31

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.