How to Stake Alien Worlds (TLM) in Australia

Introduction

Staking Alien Worlds can be a great option for those who want to hold TLM while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.

Step-by-Step Guide

1. 1. Obtain Alien Worlds (TLM) Tokens

   To stake Alien Worlds, you need to own it. To obtain Alien Worlds, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Cost
   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

   See all 31 prices

2. 2. Choose a Alien Worlds Wallet

   Once you have TLM, you'll need to choose a Alien Worlds wallet to store your tokens. Here are some great options.

3. 3. Delegate Your TLM

   We recommend using a staking pool when staking TLM. It's simpler and quicker to get started. A staking pool is a group of validators who combine their TLM, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Begin Validation

   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 Alien Worlds network. You'll be rewarded with TLM for these validations.

What to Be Aware Of

There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.