Introduction

Staking Stella can be an excellent choice for those looking to hold ALPHA 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 Stella (ALPHA) Tokens

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

   Plattform	Kryptowährung	Price
   Uphold	Stella (ALPHA)	0,03 APY
   BingX	Stella (ALPHA)	0,01 APY
   Bitget	Stella (ALPHA)	0,01 APY
   Bitmart	Stella (ALPHA)	0,01 APY
   Bybit	Stella (ALPHA)	0,01 APY
   CoinEx	Stella (ALPHA)	0,01 APY

   View all 21 prices

2. 2. Select a Stella Wallet

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

3. 3. Delegate Your ALPHA

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

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.