Where and How to Stake Astar (ASTR)

Introduction

Staking Astar can be a great choice for those who want to hold ASTR 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 Astar (ASTR) Tokens

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

   Platform	Loonies	Price
   Uphold	Astar (ASTR)	0.03
   Kraken	Astar (ASTR)	0.03
   OKX	Astar (ASTR)	0.03
   Binance	Astar (ASTR)	0.03
   Bitget	Astar (ASTR)	0.03
   MEXC Global	Astar (ASTR)	0.03

   See all 36 prices

2. 2. Select a Astar Wallet

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

   Platform	Loonies	Staking rewards
   Binance	Astar (ASTR)	Up to 7.9% annual percentage yield
   MyCointainer	Astar (ASTR)	Up to 10.05% annual percentage yield

3. 3. Delegate Your ASTR

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