Where and How to Stake Akita Inu (akt)

Introduction

Staking Akita Inu can be a great choice for those who want to hold akt 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 Akita Inu (akt) Tokens

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

   Platform	Loonies	Price
   Kraken	Akita Inu (akt)	1.53
   MEXC Global	Akita Inu (akt)	0
   Kucoin	Akita Inu (akt)	1.52
   Gate.io	Akita Inu (akt)	0
   Bitmart	Akita Inu (akt)	0
   BingX	Akita Inu (akt)	0

   See all 12 prices

2. 2. Select a Akita Inu Wallet

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

   Platform	Loonies	Staking rewards
   Kucoin	Akita Inu (akt)	Up to 6.5% annual percentage yield

3. 3. Delegate Your akt

   We recommend using a staking pool when staking akt. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their akt, 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 Akita Inu network. You'll be rewarded with akt 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.