Where and How to Stake Axelar (AXL)

Introduction

Staking Axelar can be a great choice for those who want to hold AXL 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 Axelar (AXL) Tokens

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

   Platform	Loonies	Price
   Uphold	Axelar (AXL)	0.37
   Binance	Axelar (AXL)	0.37
   Bitmart	Axelar (AXL)	0.37
   Gate.io	Axelar (AXL)	0.00002579
   Bitpanda	Axelar (AXL)	0.9
   WhiteBit	Axelar (AXL)	0.37

   See all 18 prices

2. 2. Select a Axelar Wallet

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

   Platform	Loonies	Staking rewards
   Uphold	Axelar (AXL)	Up to 4.6% annual percentage yield
   Binance	Axelar (AXL)	Up to 20% annual percentage yield
   Stakin	Axelar (AXL)	Up to 6.76% annual percentage yield
   Everstake	Axelar (AXL)	Up to 5.8% annual percentage yield
   Stakewolle	Axelar (AXL)	Up to 17% annual percentage yield

   See all 14 staking rewards

3. 3. Delegate Your AXL

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