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

Introduction

Staking Akash Network can be a great option for those who want to hold AKT but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. Obtain Akash Network (AKT) Tokens
In order to stake Akash Network, you need to have it. To obtain Akash Network, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Coinbase Akash Network (AKT) 0,48
Uphold Akash Network (AKT) 1,38
Bake Akash Network (AKT) 0,5
BingX Akash Network (AKT) 0,49
Bitmart Akash Network (AKT) 0,49
Bitpanda Akash Network (AKT) 4,24
See all 27 prices
2. Choose a Akash Network Wallet
Once you have AKT, you’ll need to choose a Akash Network wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
Bitpanda Akash Network (AKT) Up to 10% APY
Chainode Tech Akash Network (AKT) Up to 9,8% APY
See all 9 staking rewards
3. Delegate Your AKT
We recommend using a staking pool when staking AKT. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their AKT, which gives them a higher chance of validating transactions and earning rewards. You can do 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.

Platform	Coin	Price
Coinbase	Akash Network (AKT)	0,48
Uphold	Akash Network (AKT)	1,38
Bake	Akash Network (AKT)	0,5
BingX	Akash Network (AKT)	0,49
Bitmart	Akash Network (AKT)	0,49
Bitpanda	Akash Network (AKT)	4,24

Platform	Coin	Staking rewards
Bitpanda	Akash Network (AKT)	Up to 10% APY
Chainode Tech	Akash Network (AKT)	Up to 9,8% APY

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.

Latest Movements

missing en-fr translation: common.latest-movements-copy

Market cap: US$762.29M
24h volume: US$9.61M
Circulating supply: 247,44M AKT

See latest information

Frequently Asked Questions About Staking Akash Network (AKT)

What are the staking rewards for the Akash Network (AKT)?: Staking rewards for Akash Network (AKT) can vary based on the platform used for staking. Currently, there are a total of five rates available, but specific average rates are not provided. The best staking rate reported is on Stakewolle, which offers competitive rewards. Staking AKT allows users to earn rewards while supporting the network's operations. It is important to regularly check for updates and specific rates, as they can change frequently.