Recent Developments
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- Market capitalization
- $191.11M
- missing en-cn translation: common.volume-24h
- $12.18M
- Circulating supply in the market
- 297.19M ALEO
Earn as much as
11.72% APY on your investments.
An in-depth guide on how to stake ALEO (ALEO) in the Chinese market
We have extensive data on staking ALEO (ALEO), and we are pleased to share some insights with you.
We present various staking options with different cryptocurrencies that may pique your interest.
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Staking ALEO can be an excellent choice for individuals looking to hold ALEO while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we have created this comprehensive guide to assist you.
To stake ALEO, you first need to acquire it. To obtain ALEO, you can purchase it from these well-known exchanges.
| Platform | Coin | Price |
|---|---|---|
| Coinbase | ALEO (ALEO) | 0.13 APY |
| BingX | ALEO (ALEO) | 0.13 APY |
| Bitmart | ALEO (ALEO) | 0.13 APY |
| Bybit | ALEO (ALEO) | 0.13 APY |
| CoinEx | ALEO (ALEO) | 0.13 APY |
| Gate.io | ALEO (ALEO) | 0.13 APY |
Once you have ALEO, you'll need to select a ALEO wallet to securely store your tokens. Here are some excellent options to consider.
| Platform | Coin | Staking returns |
|---|---|---|
| Everstake | ALEO (ALEO) | Up to 9.53% APY |
We recommend utilizing a staking pool when staking ALEO. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their ALEO, enhancing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.
You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the ALEO network. For these validations, you will be rewarded with ALEO.
When engaging in transactions and participating in staking pools, it's important to factor in the associated fees. Additionally, there may be a waiting period before you begin to receive rewards. The staking pool must successfully generate blocks, which can require some time to accomplish.