Introduction
Staking Aleph Zero can be an excellent option for those who wish to hold AZERO 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. Obtain Aleph Zero (AZERO) Tokens
To stake Aleph Zero, you need to possess it. To obtain Aleph Zero, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Aleph Zero Wallet
Once you have AZERO, you'll need to choose a Aleph Zero wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards Bitpanda Aleph Zero (AZERO) Up to 8% AER MyCointainer Aleph Zero (AZERO) Up to 12.05% AER 3. Delegate Your AZERO
We recommend using a staking pool when staking AZERO. It's simpler and quicker to get started. A staking pool is a group of validators who combine their AZERO, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Aleph Zero network. You will be rewarded with AZERO 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.
Latest Movements in the UK
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- Market capitalisation
- US$90.09M
- 24-hour volume
- US$1.1M
- Circulating supply
- 302.31M AZERO
