How to Stake Binance-Peg NEAR Protocol (NEAR) in the UK

Introduction

Staking Binance-Peg NEAR Protocol can be an excellent option for those who wish to hold NEAR 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 Binance-Peg NEAR Protocol (NEAR) Tokens

   To stake Binance-Peg NEAR Protocol, you need to possess it. To obtain Binance-Peg NEAR Protocol, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Coinbase	Binance-Peg NEAR Protocol (NEAR)	1.56
   Kraken	Binance-Peg NEAR Protocol (NEAR)	1.56
   Azbit	Binance-Peg NEAR Protocol (NEAR)	1.56
   CoinEx	Binance-Peg NEAR Protocol (NEAR)	1.56
   Kucoin	Binance-Peg NEAR Protocol (NEAR)	1.56
   Klink	Binance-Peg NEAR Protocol (NEAR)	2.36

   View all 12 prices

2. 2. Choose a Binance-Peg NEAR Protocol Wallet

   Once you have NEAR, you'll need to choose a Binance-Peg NEAR Protocol wallet to store your tokens. Here are some suitable options.

   Platform	Coin	Staking rewards
   Kucoin	Binance-Peg NEAR Protocol (NEAR)	Up to 6% AER

3. 3. Delegate Your NEAR

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