How to Stake ThunderCore (TT)

Introduction

Staking ThunderCore can be an excellent choice for those looking to hold TT 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 ThunderCore (TT) Tokens

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

   Platform	Mint	Cost
   Bitpanda	ThunderCore (TT)	0
   CoinEx	ThunderCore (TT)	0
   Gate.io	ThunderCore (TT)	0
   HTX	ThunderCore (TT)	0
   LBank	ThunderCore (TT)	412

   View all 8 prices

2. 2. Select a ThunderCore Wallet

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

   Platform	Mint	Staking rewards in South Africa
   MyCointainer	ThunderCore (TT)	Up to 43,6% APY

3. 3. Delegate Your TT

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