Introduction

Staking JOE can be a great option for those who want to hold JOE 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 JOE (JOE) Tokens

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

   Platform	Coin	Price
   Kraken	JOE (JOE)	0,14
   Uphold	JOE (JOE)	0,17
   BingX	JOE (JOE)	0,15
   Bitget	JOE (JOE)	0,15
   Bitmart	JOE (JOE)	0,15
   Bitpanda	JOE (JOE)	0,55

   See all 17 prices

2. 2. Choose a JOE Wallet

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

3. 3. Delegate Your JOE

   We recommend using a staking pool when staking JOE. It’s simpler and quicker to get going. A staking pool is a group of validators who combine their JOE, 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 JOE network. You'll be rewarded with JOE 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.