How to Stake Aleph Zero (AZERO)

Introduction

Staking Aleph Zero can be an excellent choice for those looking to hold AZERO 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 Aleph Zero (AZERO) Tokens

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

   Plattform	Kryptowährung	Price
   Uphold	Aleph Zero (AZERO)	0,04 APY
   BingX	Aleph Zero (AZERO)	0,01 APY
   Bitfinex	Aleph Zero (AZERO)	0,03 APY
   Bitget	Aleph Zero (AZERO)	0,02 APY
   Bitmart	Aleph Zero (AZERO)	0,2 APY
   Bitpanda	Aleph Zero (AZERO)	0,52 APY

   View all 22 prices

2. 2. Select a Aleph Zero Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Bitpanda	Aleph Zero (AZERO)	Up to 8 % APY
   MyCointainer	Aleph Zero (AZERO)	Up to 12,05 % APY

3. 3. Delegate Your AZERO

   We recommend using a staking pool when staking AZERO. It's simpler and faster to get started. A staking pool is a collective of validators who pool their AZERO, 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 Aleph Zero network. For these validations, you will be rewarded with AZERO.

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.