How to Stake Stride (STRD)

Introduction

Staking Stride can be an excellent choice for those looking to hold STRD 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 Stride (STRD) Tokens

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

   Platform	Mint	Cost
   Kraken	Stride (STRD)	0,06
   CoinEx	Stride (STRD)	0,06
   MEXC Global	Stride (STRD)	0,06

   View all 6 prices

2. 2. Select a Stride Wallet

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

   Platform	Mint	Staking rewards in South Africa
   Everstake	Stride (STRD)	Up to 2,85% APY
   MyCointainer	Stride (STRD)	Up to 12,1% APY
   Stakely.io	Stride (STRD)	Up to 1,57% APY
   Stakewolle	Stride (STRD)	Up to 14,56% APY

   View all 7 staking rewards available

3. 3. Delegate Your STRD

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