Introduction
Staking Astar can be an excellent option for those who wish to hold ASTR 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 Astar (ASTR) Tokens
To stake Astar, you need to possess it. To obtain Astar, you'll need to purchase it. You can choose from these popular exchanges.
View all 37 pricesPlatform Coin Price Binance Astar (ASTR) 0.01 Kraken Astar (ASTR) 0.01 OKX Astar (ASTR) 0.03 Uphold Astar (ASTR) 0.03 BingX Astar (ASTR) 0.01 Bitget Astar (ASTR) 0.01 2. Choose a Astar Wallet
Once you have ASTR, you'll need to choose a Astar wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards Binance Astar (ASTR) Up to 7.9% AER 3. Delegate Your ASTR
We recommend using a staking pool when staking ASTR. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ASTR, 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 Astar network. You will be rewarded with ASTR 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$446.11M
- 24-hour volume
- US$30.23M
- Circulating supply
- 7.48B ASTR
