How to Stake Ankr Network (ANKR) in the UK

Introduction

Staking Ankr Network can be an excellent option for those who wish to hold ANKR 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 Ankr Network (ANKR) Tokens

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

   Platform	Coin	Price
   Binance	Ankr Network (ANKR)	0.01
   BTSE	Ankr Network (ANKR)	0.01
   Coinbase	Ankr Network (ANKR)	0.01
   Kraken	Ankr Network (ANKR)	0.01
   Uphold	Ankr Network (ANKR)	0.02
   Azbit	Ankr Network (ANKR)	0.01

   View all 46 prices

2. 2. Choose a Ankr Network Wallet

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

   Platform	Coin	Staking rewards
   Ankr	Ankr Network (ANKR)	Up to 2.95% AER
   Binance	Ankr Network (ANKR)	Up to 1.7% AER

   View all 5 staking rewards

3. 3. Delegate Your ANKR

   We recommend using a staking pool when staking ANKR. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ANKR, 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 Ankr Network network. You will be rewarded with ANKR 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.