Where and How to Stake Acala (ACA)

Introduction

Staking Acala can be a great choice for those who want to hold ACA but earn yield in a secure way while contributing to the network. The steps can be a little overwhelming, especially the first time you go through them. That’s why we’ve put this guide together for you.

Step-by-step Guide

1. 1. Get Acala (ACA) Tokens

   To stake Acala, you need to have it. To obtain Acala, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Loonies	Price
   Kraken	Acala (ACA)	0.03
   OKX	Acala (ACA)	0.04
   Binance	Acala (ACA)	0.03
   MEXC Global	Acala (ACA)	0.03
   Bitget	Acala (ACA)	0.03
   Bitmart	Acala (ACA)	0.03

   See all 25 prices

2. 2. Select a Acala Wallet

   Once you have ACA, you’ll need to choose a Acala wallet to store your tokens. Here are some good options.

   Platform	Loonies	Staking rewards
   Bitget	Acala (ACA)	Up to 10% annual percentage yield
   Binance	Acala (ACA)	Up to 4.5% annual percentage yield

3. 3. Delegate Your ACA

   We recommend using a staking pool when staking ACA. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ACA, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   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 Acala network. You'll be rewarded with ACA for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.