How to Stake ZKsync (ZK): A Step-by-Step Guide for South Africans

Introduction

Staking ZKsync can be an excellent choice for those looking to hold ZK 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. Acquire ZKsync (ZK) Tokens
To stake ZKsync, you first need to acquire it. To obtain ZKsync, you'll need to buy it. You can select from these popular exchanges available in South Africa.
Platform Mint Cost
PrimeXBT ZKsync (ZK) 0,03
BTSE ZKsync (ZK) 0,03
Coinbase ZKsync (ZK) 0,03
Kraken ZKsync (ZK) 0,03
OKX ZKsync (ZK) 0,06
Bake ZKsync (ZK) 0,03
View all 42 prices
2. Select a ZKsync Wallet
Once you have ZK, you'll need to choose a ZKsync wallet to store your tokens securely. Here are some solid options to consider.
Platform Mint Staking rewards in South Africa
Bitmart ZKsync (ZK) Up to 1% APY
3. Delegate Your ZK
We recommend using a staking pool when staking ZK. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their ZK, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
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 ZKsync network. You'll be rewarded with ZK for these validations.

Platform	Mint	Cost
PrimeXBT	ZKsync (ZK)	0,03
BTSE	ZKsync (ZK)	0,03
Coinbase	ZKsync (ZK)	0,03
Kraken	ZKsync (ZK)	0,03
OKX	ZKsync (ZK)	0,06
Bake	ZKsync (ZK)	0,03

Platform	Mint	Staking rewards in South Africa
Bitmart	ZKsync (ZK)	Up to 1% APY

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.