How to Stake Alien Worlds (TLM) in the UAE

Introduction

Staking Alien Worlds can be an excellent choice for individuals in the UAE looking to hold TLM 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 Guide for UAE Residents

1. 1. Acquire Alien Worlds (TLM) Tokens

   To stake Alien Worlds, you first need to acquire it. To obtain Alien Worlds, you will need to purchase it from one of the popular exchanges available in the UAE.

   Platform	Cryptocurrency	Price
   Binance	Alien Worlds (TLM)	0
   Kraken	Alien Worlds (TLM)	0
   BingX	Alien Worlds (TLM)	0
   Bitget	Alien Worlds (TLM)	0
   Bitmart	Alien Worlds (TLM)	0
   Bitpanda	Alien Worlds (TLM)	0.01

   View all 31 prices

2. 2. Select a Alien Worlds Wallet

   Once you have TLM, you'll need to select a Alien Worlds wallet to securely store your tokens. Here are some excellent options available in the UAE market.

3. 3. Delegate Your TLM in the UAE

   We recommend utilizing a staking pool when staking TLM. It’s more straightforward and quicker to get started. A staking pool consists of a group of validators who pool their TLM, increasing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin Verification

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

What to Consider in the UAE Market

In the UAE, it's important to factor in transaction and staking pool fees when engaging in cryptocurrency activities. Additionally, you may experience a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.