Introduction

Staking STP can be a great option for those who want to hold STPT but earn yield in a secure way while contributing to the network. The steps can be a bit overwhelming, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-step guide

1. 1. Obtain STP (STPT) Tokens

   To stake STP, you need to have it. To get STP, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Binance	STP (STPT)	0,07
   BingX	STP (STPT)	0,07
   Bitget	STP (STPT)	0,07
   Bitmart	STP (STPT)	0,07
   Bitpanda	STP (STPT)	0,06
   Bybit	STP (STPT)	0,07

   See all 34 prices

2. 2. Choose a STP Wallet

   Once you have STPT, you’ll need to choose a STP wallet to store your tokens. Here are some lekker options.

3. 3. Delegate Your STPT

   We recommend using a staking pool when staking STPT. It’s simpler and quicker to get going. A staking pool is a group of validators who combine their STPT, which gives them a better chance of validating transactions and earning rewards. You can do 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 STP network. You'll be rewarded with STPT for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There might also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this might take some time.