Latest Movements in the UK
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- Market capitalisation
- US$15.1B
- 24-hour volume
- US$406.6M
- Circulating supply
- 410.75M AVAX
Earn up to
13% AER
A comprehensive guide on how to stake Avalanche (AVAX) in the UK
We have extensive data on staking Avalanche (AVAX) and we are pleased to share some of this with you.
We present you with various staking options featuring other cryptocurrencies that may capture your interest.
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Staking Avalanche can be an excellent option for those who wish to hold AVAX 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.
To stake Avalanche, you need to possess it. To obtain Avalanche, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| Nexo | Avalanche (AVAX) | 12.57 |
| PrimeXBT | Avalanche (AVAX) | 12.56 |
| EarnPark | Avalanche (AVAX) | 12.53 |
| YouHodler | Avalanche (AVAX) | 12.56 |
| Binance | Avalanche (AVAX) | 12.57 |
| BTSE | Avalanche (AVAX) | 12.56 |
Once you have AVAX, you'll need to choose a Avalanche wallet to store your tokens. Here are some suitable options.
| Platform | Coin | Staking rewards |
|---|---|---|
| YouHodler | Avalanche (AVAX) | Up to 13% AER |
| Uphold | Avalanche (AVAX) | Up to 3% AER |
| Ankr | Avalanche (AVAX) | Up to 5.09% AER |
| Binance | Avalanche (AVAX) | Up to 5% AER |
We recommend using a staking pool when staking AVAX. It's simpler and quicker to get started. A staking pool is a group of validators who combine their AVAX, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Avalanche network. You will be rewarded with AVAX for these validations.
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.