How to Stake STACKS (stacks)

Introduction

Staking STACKS can be an excellent choice for those looking to hold stacks 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've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire STACKS (stacks) Tokens

   To stake STACKS, you first need to acquire it. To obtain STACKS, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

   Plattform	Kryptowährung	Price
   Uphold	STACKS (stacks)	0,79 APY
   BingX	STACKS (stacks)	0,41 APY
   Bitget	STACKS (stacks)	0,41 APY
   Bitmart	STACKS (stacks)	0,69 APY
   Bitpanda	STACKS (stacks)	2,3 APY
   Blockchain.com	STACKS (stacks)	0,32 APY

   View all 21 prices

2. 2. Select a STACKS Wallet

   Once you have stacks, you'll need to select a STACKS wallet to securely store your tokens. Here are some solid options to consider.

   Plattform	Kryptowährung	Staking rewards
   Bitmart	STACKS (stacks)	Up to 1 % APY

3. 3. Delegate Your stacks

   We recommend using a staking pool when staking stacks. It's simpler and faster to get started. A staking pool is a collective of validators who pool their stacks, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

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

What to Consider

There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.