How to Stake POL (ex-MATIC) (POL): A Step-by-Step Guide for UAE Investors

Introduction

Staking POL (ex-MATIC) can be an excellent choice for individuals in the UAE looking to hold POL 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. Acquire POL (ex-MATIC) (POL) Tokens

To stake POL (ex-MATIC), you first need to acquire it. To obtain POL (ex-MATIC), you will need to purchase it from one of the popular exchanges available in the UAE.

Platform	Cryptocurrency	Price
Nexo	POL (ex-MATIC) (POL)	0.27
PrimeXBT	POL (ex-MATIC) (POL)	0.27
Uphold	POL (ex-MATIC) (POL)	0.22
OKX	POL (ex-MATIC) (POL)	0.22
Binance	POL (ex-MATIC) (POL)	0.27
BTSE	POL (ex-MATIC) (POL)	0.27

View all 63 prices

2. Select a POL (ex-MATIC) Wallet

Once you have POL, you'll need to select a POL (ex-MATIC) wallet to securely store your tokens. Here are some excellent options available in the UAE market.

Platform	Cryptocurrency	Staking rewards in the UAE
Uphold	POL (ex-MATIC) (POL)	Up to 3.2% APY
Bake	POL (ex-MATIC) (POL)	Up to 4.5% APY
Binance	POL (ex-MATIC) (POL)	Up to 2.24% APY
Bitget	POL (ex-MATIC) (POL)	Up to 4% APY

Explore all 18 staking rewards available in the UAE market.

3. Delegate Your POL in the UAE
We recommend utilizing a staking pool when staking POL. It’s more straightforward and quicker to get started. A staking pool consists of a group of validators who pool their POL, increasing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
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 POL (ex-MATIC) network. For these validations, you will be rewarded with POL.

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.

Recent Developments

POL (ex-MATIC) (POL) is currently priced at $3 with a 24-hour trading volume of $100.97M. The market cap of POL (ex-MATIC) stands at $3.79B, with 8.41B POL in circulation. For those looking to buy or trade POL (ex-MATIC), Uphold offers avenues to do so securely and efficiently

Market capitalization: $3.79B
24-hour trading volume: $100.97M
Circulating supply: 8.41B POL

Discover the latest updates

Frequently Asked Questions About Staking POL (ex-MATIC) (POL) in the UAE

What is POL (ex-MATIC) staking?: POL staking involves locking your POL tokens to support network operations, earning rewards in return. This process enhances security and decentralization while allowing holders to benefit from passive income.
What are the current reward rates for POL staking?: Reward rates for POL staking can vary based on network conditions and validator performance. Typically, rates range from 5% to 12% annually. For the latest rates, check Bitcompare for accurate comparisons.
What are the requirements for staking POL?: To stake POL, you generally need a compatible wallet, a minimum amount of POL tokens (often around 1 POL), and an understanding of the staking process. Ensure your wallet supports POL staking.
How are staking rewards distributed for POL?: Staking rewards for POL are usually distributed periodically, often daily or weekly, based on the amount staked and the network's overall performance. Validators may take a small fee from your rewards.
What risks are associated with staking POL?: Risks include potential loss of funds due to network issues, validator downtime, or slashing penalties for misbehavior. Always research validators and understand the staking process to mitigate risks.
Can I unstake my POL tokens anytime?: Unstaking POL tokens typically involves a waiting period, known as the unbonding period, which can range from a few days to weeks. During this time, you won't earn rewards, so plan accordingly.
Which platforms support POL staking?: Several platforms support POL staking, including popular wallets like MetaMask and exchanges such as Binance and Coinbase. Always verify the platform's credibility and terms before staking.
How does validator selection impact my staking rewards?: Choosing a reliable validator is crucial, as their performance directly affects your rewards. Validators with high uptime and low fees generally yield better returns. Use Bitcompare to evaluate options.
Are there any fees associated with staking POL?: Yes, most validators charge a fee, usually a percentage of your rewards. This fee can vary, so it's essential to compare different validators on platforms like Bitcompare to find the best rates.
How can I track my staking rewards for POL?: You can track your staking rewards through your wallet interface or the staking platform used. Additionally, some third-party tools and platforms like Bitcompare provide insights into your staking performance.

POL (ex-MATIC) POL Updates in the UAE

August 29, 2025Unlock XRP Mining: Earn Easily with HashJ

The article presents HashJ as a cloud mining platform allowing users to mine XRP and other cryptocurrencies easily without significant investment or technical knowledge, enhancing accessibility to cryptocurrency mining.

August 29, 2025Bybit Integrates Tokenized Gold with TON Network

Bybit has announced the addition of tokenized gold (XAUT) to the TON network, providing users with greater flexibility in digital asset transactions and introducing a staking rewards campaign to encourage adoption.

August 28, 2025BTC Miner Unveils Instant Crypto Contracts!

BTC Miner has launched innovative instant settlement contracts for various cryptocurrencies, allowing investors to enjoy flexible withdrawals and guaranteed returns. The platform focuses on security and offers a range of investment contracts.