How to Stake Astar (ASTR)

Introduction

Staking Astar can be an excellent choice for those looking to hold ASTR 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 Astar (ASTR) Tokens

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

   Plattform	Kryptowährung	Price
   Binance	Astar (ASTR)	0,01 APY
   Kraken	Astar (ASTR)	0,01 APY
   OKX	Astar (ASTR)	0,03 APY
   Uphold	Astar (ASTR)	0,03 APY
   BingX	Astar (ASTR)	0,01 APY
   Bitget	Astar (ASTR)	0,01 APY

   View all 37 prices

2. 2. Select a Astar Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Binance	Astar (ASTR)	Up to 7,9 % APY

3. 3. Delegate Your ASTR

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

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.