How to Stake Ronin (RON)

Introduction

Staking Ronin can be an excellent choice for those looking to hold RON 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 Ronin (RON) Tokens

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

   Platform	Mint	Cost
   Binance	Ronin (RON)	0,13
   Coinbase	Ronin (RON)	0,13
   OKX	Ronin (RON)	0,79
   Uphold	Ronin (RON)	0,6
   Bake	Ronin (RON)	0,13
   BingX	Ronin (RON)	0,13

   View all 35 prices

2. 2. Select a Ronin Wallet

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

   Platform	Mint	Staking rewards in South Africa
   Binance	Ronin (RON)	Up to 7,04% APY
   Bitpanda	Ronin (RON)	Up to 8% APY

   View all 4 staking rewards available

3. 3. Delegate Your RON

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