How to Stake Horizen (ZEN) in the UK

Introduction

Staking Horizen can be an excellent option for those who wish to hold ZEN 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 Horizen (ZEN) Tokens

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

   Platform	Coin	Price
   PrimeXBT	Horizen (ZEN)	8.1
   Binance	Horizen (ZEN)	8.11
   Coinbase	Horizen (ZEN)	8.1
   OKX	Horizen (ZEN)	8.04
   BingX	Horizen (ZEN)	11.52
   Bitget	Horizen (ZEN)	8.11

   View all 28 prices

2. 2. Choose a Horizen Wallet

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

   Platform	Coin	Staking rewards
   MyCointainer	Horizen (ZEN)	Up to 5.78% AER

3. 3. Delegate Your ZEN

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