How to Stake Avalanche (AVAX) in the UK

Introduction

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.

Step-by-Step Guide

1. 1. Obtain Avalanche (AVAX) Tokens

   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)	13.76
   PrimeXBT	Avalanche (AVAX)	13.73
   EarnPark	Avalanche (AVAX)	13.65
   YouHodler	Avalanche (AVAX)	13.74
   Binance	Avalanche (AVAX)	13.74
   BTSE	Avalanche (AVAX)	13.74

   View all 81 prices

2. 2. Choose a Avalanche Wallet

   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

   View all 30 staking rewards

3. 3. Delegate Your AVAX

   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.

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 Avalanche network. You will be rewarded with AVAX 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.