How to Stake Flare (FLR) in the UK

Introduction

Staking Flare can be an excellent option for those who wish to hold FLR 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 Flare (FLR) Tokens

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

   Platform	Coin	Price
   YouHodler	Flare (FLR)	0.01
   Coinbase	Flare (FLR)	0.01
   Kraken	Flare (FLR)	0.01
   OKX	Flare (FLR)	0.02
   Uphold	Flare (FLR)	0.02
   BingX	Flare (FLR)	0.01

   View all 42 prices

2. 2. Choose a Flare Wallet

   Once you have FLR, you'll need to choose a Flare wallet to store your tokens. Here are some suitable options.

   Platform	Coin	Staking rewards
   Uphold	Flare (FLR)	Up to 5.07% AER
   CEX.io	Flare (FLR)	Up to 5% AER

   View all 4 staking rewards

3. 3. Delegate Your FLR

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