Tutorials for acquiring, managing, and staking ICP
The governance of the Internet Computer depends on people staking their ICP token and voting on proposals. To do this, there are four steps. Each step has different sets of options (with trade-offs):
- Acquire ICP
- Custody
- Staking
- Voting
This article is an entry point into these four topics. For a simple, opinionated tutorial that makes choices to maximize simplicity, see Staking for dummies.
1 Acquire ICP
To get started, you first need to acquire ICP tokens. You can do this buying them in an exchange or by having someone you send you ICP.
1.1 Buy/Sell ICP at Exchanges
Please check coinmarketcap for a list of exchanges where you can buy/sell ICP
https://coinmarketcap.com/currencies/internet-computer/markets/
1.2 Seed Round Contributors
Seed round participants who wish to claim their neurons should first see: How-To: Claim neurons for seed participants.
2 Custody
Custody is the act of managing your ICP. There are many options, each with different security and usability trade-offs.
For a summary of the range of options available to you depending on your comfort level, see ICP custody options.
3 Staking
Once you decide on your custody, staking is the action of locking ICP within a neuron with a dissolve delay. Staking and voting are critical to Governance of the Internet Computer.
By staking you can vote on NNS Proposals and collect NNS rewards. There are many options for staking, each with different security and usability trade-offs. See ICP staking options.
4 Voting
Voting is the act of voting on NNS proposals using neurons. See ICP voting options.
5 See Also
- The Internet Computer project website (hosted on the IC): internetcomputer.org
- Governance of the Internet Computer
- Staking and voting
- Staking for dummies
6 External links
- https://www.dfinitycommunity.com/best-exchanges-to-buy-icp/
- https://medium.com/dfinity/the-community-led-governance-of-the-internet-computer-b863cd2975ba
- https://medium.com/dfinity/earn-substantial-voting-rewards-by-staking-in-the-network-nervous-system-7eb5cf988182
- https://medium.com/dfinity/introducing-the-ledger-internet-computer-icp-app-for-nano-wallets-eed38c549f0d