Where and How to Stake Synternet (synt)

Introduction

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

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

   Platform	Coin	Price
   Uphold	Synternet (synt)	0.02
   MEXC Global	Synternet (synt)	0.02
   Kucoin	Synternet (synt)	0.02
   Gate.io	Synternet (synt)	0
   CoinEx	Synternet (synt)	0.02
   BingX	Synternet (synt)	0.03

   See all 15 prices

2. 2. Choose a Synternet Wallet

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

   Platform	Coin	Staking rewards
   MyCointainer	Synternet (synt)	Up to 5.92 APY
   Stakin	Synternet (synt)	Up to 16.14 APY

3. 3. Delegate Your synt

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