Latest Movements
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- Market capitalisation
- USDĀ 546.8M
- 24-hour volume
- USDĀ 13.66M
- Circulating supply
- 894.28M AXL
Earn up to
5% p.a.
A comprehensive guide on how to stake Axelar (AXL)
We have a wealth of data on staking Axelar (AXL) and we're pleased to share some of this with you.
We present some staking options with other coins that may be of interest.
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Staking Axelar can be a great option for those who want to hold AXL 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.
To stake Axelar, you need to own it. To obtain Axelar, you'll need to buy it. You can choose from these popular exchanges.
| Platform | Coin | Cost |
|---|---|---|
| PrimeXBT | Axelar (AXL) | 0.07 |
| Binance | Axelar (AXL) | 0.07 |
| Uphold | Axelar (AXL) | 0.33 |
| Bake | Axelar (AXL) | 0.07 |
| Bitmart | Axelar (AXL) | 0.08 |
| Bitpanda | Axelar (AXL) | 0.9 |
Once you have AXL, you'll need to choose a Axelar wallet to store your tokens. Here are some great options.
| Platform | Coin | Staking returns |
|---|---|---|
| Uphold | Axelar (AXL) | Up to 4.6% % p.a. |
| Binance | Axelar (AXL) | Up to 8.66% % p.a. |
| Chainode Tech | Axelar (AXL) | Up to 7.2% % p.a. |
We recommend using a staking pool when staking AXL. It's simpler and quicker to get started. A staking pool is a group of validators who combine their AXL, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Axelar network. You'll be rewarded with AXL for these validations.
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.