Where and how to stake Synternet (synt)

Introduction

Staking Synternet can be a great option for those who wish to hold synt while earning yield in a safe manner and contributing to the network. The steps can be somewhat daunting, especially the first time you do them. That’s why we have put together this guide for you.

Step-by-Step Guide

1. 1. Acquire Synternet (synt) Tokens

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

   Platform	Coin	Price
   Uphold	Synternet (synt)	0.02
   MEXC Global	Synternet (synt)	0.01
   Kucoin	Synternet (synt)	0.01
   BingX	Synternet (synt)	0.03
   Gate.io	Synternet (synt)	0
   CoinEx	Synternet (synt)	0.01

   See all 15 prices

2. 2. Select 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 14.79% APY

3. 3. Delegate Your synt

   We suggest using a staking pool for staking synt. It's easier and quicker to get started. A staking pool is a collection of validators who combine their synt, which increases their odds of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You'll have 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 Keep in Mind

You need to keep in mind the transaction and staking pool fees. Additionally, there might be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this can take a while.