How to Stake Akash Network (AKT): A Step-by-Step Guide for Spain

Introduction

Staking Akash Network can be an excellent choice for those looking to hold AKT while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for Spain 1

1. Acquire Akash Network (AKT) Tokens

To stake Akash Network, you first need to acquire it. To obtain Akash Network, you'll have to buy it. You can select from these well-known exchanges.

Plataforma	Cripto	Price
Coinbase	Akash Network (AKT)	0,37 APY
Uphold	Akash Network (AKT)	1,38 APY
Bake	Akash Network (AKT)	0,37 APY
BingX	Akash Network (AKT)	0,37 APY
Bitmart	Akash Network (AKT)	0,37 APY
Bitpanda	Akash Network (AKT)	4,24 APY

Consulta todos los 27 precios

2. Select a Akash Network Wallet
Once you have AKT, you'll need to choose a Akash Network wallet to securely store your tokens. Here are some solid options to consider.
Plataforma Cripto Staking rewards
Bitpanda Akash Network (AKT) Hasta 10% APY
Chainode Tech Akash Network (AKT) Hasta 9,8% APY
Consulta todas las 9 recompensas de staking
3. Delegate Your AKT
We recommend using a staking pool when staking AKT. It's simpler and faster to get started. A staking pool is a group of validators who combine their AKT, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
4. Start Validating
You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Akash Network network. You'll be rewarded with AKT for these validations.

Plataforma	Cripto	Staking rewards
Bitpanda	Akash Network (AKT)	Hasta 10% APY
Chainode Tech	Akash Network (AKT)	Hasta 9,8% APY

What to Keep in Mind

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 will need to generate blocks, and this process can take some time.