Where and How to Stake Nova Merged wBTC (zkLink) (WBTC)

Introduction

Staking Nova Merged wBTC (zkLink) can be a great option for those who want to hold WBTC but earn yield in a safe way while contributing to the network. The steps can be a little daunting, 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 Nova Merged wBTC (zkLink) (WBTC) Tokens

   In order to stake Nova Merged wBTC (zkLink), you need to have it. To obtain Nova Merged wBTC (zkLink), you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Uphold	Nova Merged wBTC (zkLink) (WBTC)	94,892.62
   Blockchain.com	Nova Merged wBTC (zkLink) (WBTC)	19,154.51
   FMFW.io	Nova Merged wBTC (zkLink) (WBTC)	83,762
   Probit	Nova Merged wBTC (zkLink) (WBTC)	94,860
   Currency.com	Nova Merged wBTC (zkLink) (WBTC)	85,217.85
   Phemex	Nova Merged wBTC (zkLink) (WBTC)	94,976.66

   See all 12 prices

2. 2. Choose a Nova Merged wBTC (zkLink) Wallet

   Once you have WBTC, you'll need to choose a Nova Merged wBTC (zkLink) wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   FMFW.io	Nova Merged wBTC (zkLink) (WBTC)	Up to 1% APY

3. 3. Delegate Your WBTC

   We recommend using a staking pool when staking WBTC. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their WBTC, which gives them a higher 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 Nova Merged wBTC (zkLink) network. You'll be rewarded with WBTC for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.