How to Stake Velocimeter FLOW (FLOW)

Introduction

Staking Velocimeter FLOW can be an excellent choice for those looking to hold FLOW while earning APY in a secure manner and supporting the network. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. 1. Acquire Velocimeter FLOW (FLOW) Tokens

   To stake Velocimeter FLOW, you must first acquire it. To obtain Velocimeter FLOW, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Coinbase	Velocimeter FLOW (FLOW)	0.4 APY
   Kraken	Velocimeter FLOW (FLOW)	0.4 APY
   Azbit	Velocimeter FLOW (FLOW)	0.4 APY
   Bybit	Velocimeter FLOW (FLOW)	0.4 APY
   CoinEx	Velocimeter FLOW (FLOW)	0.4 APY
   CoinW	Velocimeter FLOW (FLOW)	0.4 APY

   Check out all 20 prices

2. 2. Select a Velocimeter FLOW Wallet

   Once you have FLOW, you'll need to select a Velocimeter FLOW wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.

   Piattaforma	Criptovaluta	Staking rewards
   Kucoin	Velocimeter FLOW (FLOW)	Up to 6% APY

3. 3. Delegate Your FLOW

   We recommend using a staking pool when staking FLOW. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their FLOW, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin the Validation Process

   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 Velocimeter FLOW network. For these validations, you'll receive rewards in FLOW.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.