How to Stake Router Protocol (ROUTE)

Introduction

Staking Router Protocol can be an excellent choice for those looking to hold ROUTE 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 Router Protocol (ROUTE) Tokens

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

   Platform	Mint	Cost
   BingX	Router Protocol (ROUTE)	0
   Bitget	Router Protocol (ROUTE)	0,01
   CoinEx	Router Protocol (ROUTE)	0
   Gate.io	Router Protocol (ROUTE)	0
   HTX	Router Protocol (ROUTE)	0
   Kucoin	Router Protocol (ROUTE)	0

   View all 14 prices

2. 2. Select a Router Protocol Wallet

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

   Platform	Mint	Staking rewards in South Africa
   Stakin	Router Protocol (ROUTE)	Up to 12,94% APY

3. 3. Delegate Your ROUTE

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