Introduction

Staking Chiliz can be an excellent choice for individuals looking to hold CHZ while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we have created this comprehensive guide to assist you.

Step-by-Step Guide

1. 1. Acquire Chiliz (CHZ) Tokens

   To stake Chiliz, you first need to acquire it. To obtain Chiliz, you can purchase it from these well-known exchanges.

   平台	Coin	Price
   Nexo	Chiliz (CHZ)	0.04 APY
   Binance	Chiliz (CHZ)	0.04 APY
   BTSE	Chiliz (CHZ)	0.04 APY
   Coinbase	Chiliz (CHZ)	0.04 APY
   Kraken	Chiliz (CHZ)	0.04 APY
   OKX	Chiliz (CHZ)	0.04 APY

   View all 67 prices

2. 2. Select a Chiliz Wallet for Your Needs

   Once you have CHZ, you'll need to select a Chiliz wallet to securely store your tokens. Here are some excellent options to consider.

3. 3. Delegate Your CHZ for Enhanced Returns

   We recommend utilizing a staking pool when staking CHZ. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their CHZ, enhancing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.

4. 4. Begin Verification

   You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the Chiliz network. For these validations, you will be rewarded with CHZ.

What to Consider in the Chinese Market

When engaging in transactions and participating in staking pools, it's important to factor in the associated fees. Additionally, there may be a waiting period before you begin to receive rewards. The staking pool must successfully generate blocks, which can require some time to accomplish.