How to Stake Covalent Query Token (CQT) in the UK

Introduction

Staking Covalent Query Token can be an excellent option for those who wish to hold CQT 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 Covalent Query Token (CQT) Tokens

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

   Platform	Coin	Price
   Kraken	Covalent Query Token (CQT)	0
   BingX	Covalent Query Token (CQT)	0.97
   Gate.io	Covalent Query Token (CQT)	0.12
   MEXC Global	Covalent Query Token (CQT)	0.03

   View all 7 prices

2. 2. Choose a Covalent Query Token Wallet

   Once you have CQT, you'll need to choose a Covalent Query Token wallet to store your tokens. Here are some suitable options.

   Platform	Coin	Staking rewards
   Stakely.io	Covalent Query Token (CQT)	Up to 10.58% AER

3. 3. Delegate Your CQT

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