How to Stake Acala (ACA)

Introduction

Staking Acala can be an excellent choice for those looking to hold ACA 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've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire Acala (ACA) Tokens

   To stake Acala, you first need to acquire it. To obtain Acala, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

   Plattform	Kryptowährung	Price
   Binance	Acala (ACA)	0,01 APY
   Kraken	Acala (ACA)	0,01 APY
   OKX	Acala (ACA)	0,04 APY
   BingX	Acala (ACA)	0,01 APY
   Bitget	Acala (ACA)	0,01 APY
   Bitmart	Acala (ACA)	0,03 APY

   View all 26 prices

2. 2. Select a Acala Wallet

   Once you have ACA, you'll need to select a Acala wallet to securely store your tokens. Here are some solid options to consider.

   Plattform	Kryptowährung	Staking rewards
   Binance	Acala (ACA)	Up to 11,2 % APY
   Bitget	Acala (ACA)	Up to 10 % APY

3. 3. Delegate Your ACA

   We recommend using a staking pool when staking ACA. It's simpler and faster to get started. A staking pool is a collective of validators who pool their ACA, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Acala network. For these validations, you will be rewarded with ACA.

What to Consider

There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.