How to Stake Acala (ACA) in the UK

Introduction

Staking Acala can be an excellent option for those who wish to hold ACA while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain Acala (ACA) Tokens

   To stake Acala, you need to possess it. To obtain Acala, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Binance	Acala (ACA)	0.01
   Kraken	Acala (ACA)	0.01
   OKX	Acala (ACA)	0.04
   BingX	Acala (ACA)	0.01
   Bitget	Acala (ACA)	0.01
   Bitmart	Acala (ACA)	0.03

   View all 26 prices

2. 2. Choose a Acala Wallet

   Once you have ACA, you'll need to choose a Acala wallet to store your tokens. Here are some suitable options.

   Platform	Coin	Staking rewards
   Binance	Acala (ACA)	Up to 11.2% AER
   Bitget	Acala (ACA)	Up to 10% AER

3. 3. Delegate Your ACA

   We recommend using a staking pool when staking ACA. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ACA, which increases their chances of validating transactions and earning rewards. You can do 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 is confirmed, you will automatically validate transactions on the Acala network. You will be rewarded with ACA for these validations.

What to Be Aware Of

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