Introduction

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

   In order to stake Biconomy, you need to have it. To obtain Biconomy, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Uphold	Biconomy (BICO)	0.11
   Kraken	Biconomy (BICO)	0.11
   OKX	Biconomy (BICO)	0.13
   Binance	Biconomy (BICO)	0.11
   Coinbase	Biconomy (BICO)	0.11
   BingX	Biconomy (BICO)	0.11

   See all 44 prices

2. 2. Choose a Biconomy Wallet

   Once you have BICO, you'll need to choose a Biconomy wallet to store your tokens. Here are some good options.

3. 3. Delegate Your BICO

   We recommend using a staking pool when staking BICO. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their BICO, 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 Biconomy network. You'll be rewarded with BICO 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.