How to Stake ICON (ICX): A Comprehensive Guide for the UK

Introduction

Staking ICON can be an excellent option for those who wish to hold ICX 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. Obtain ICON (ICX) Tokens
To stake ICON, you need to possess it. To obtain ICON, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Binance ICON (ICX) 0.06
OKX ICON (ICX) 0.11
Uphold ICON (ICX) 0.11
BingX ICON (ICX) 0.06
Bitget ICON (ICX) 0.06
Bitpanda ICON (ICX) 0.21
View all 27 prices
2. Choose a ICON Wallet
Once you have ICX, you'll need to choose a ICON wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards
Binance ICON (ICX) Up to 6.82% AER
Everstake ICON (ICX) Up to 9.3% AER
View all 6 staking rewards
3. Delegate Your ICX
We recommend using a staking pool when staking ICX. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ICX, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 ICON network. You will be rewarded with ICX for these validations.

Platform	Coin	Price
Binance	ICON (ICX)	0.06
OKX	ICON (ICX)	0.11
Uphold	ICON (ICX)	0.11
BingX	ICON (ICX)	0.06
Bitget	ICON (ICX)	0.06
Bitpanda	ICON (ICX)	0.21

Platform	Coin	Staking rewards
Binance	ICON (ICX)	Up to 6.82% AER
Everstake	ICON (ICX)	Up to 9.3% AER

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.

Latest Movements in the UK

ICON (ICX) is currently priced at US$9.3 with a 24-hour trading volume of US$10.75M. The market cap of ICON stands at US$202.88M, with 1.04B ICX in circulation. For those looking to buy or trade ICON, Binance offers avenues to do so securely and efficiently

Market capitalisation: US$202.88M
24-hour volume: US$10.75M
Circulating supply: 1.04B ICX

See the latest information

Frequently Asked Questions About Staking ICON (ICX) in the UK

What is ICON (ICX) and what does it aim to do?: ICON is a blockchain platform designed to connect various independent blockchains through a scalable network and a decentralized governance model. It aims to enable seamless interaction between different communities, devices, and services by providing a unified ecosystem where users can create, manage, and transfer digital assets across connected networks. The ICX token acts as the native cryptocurrency used for governance, staking, and transaction validation within the ICON ecosystem.
How can I buy ICX, and where is it typically traded?: ICX is listed on several major cryptocurrency exchanges. To buy ICX, you’ll need a cryptocurrency wallet and an account on an exchange that supports ICX trading pairs (for example, ICX/BTC or ICX/USD). Steps: 1) Create an account on a supported exchange, 2) complete any required identity verification, 3) deposit fiat or crypto funds, 4) place a buy order for ICX, 5) transfer ICX to a personal wallet if you prefer self-c custody. Always verify withdrawal limits, trading fees, and the exchange’s security practices before buying.
What is ICX’s current price and how has it moved recently?: As of the latest data, ICX trades around 0.0525 USD per token. Over the last 24 hours, the price declined by approximately 2.41%, reflecting typical market volatility. When evaluating price movements, consider broader market trends, project updates, and development activity. For up-to-date pricing, refer to reliable market data sources and confirm with multiple exchanges, since prices can vary slightly between platforms.
How does staking or governance work on ICON, and why would I participate?: ICX holders can participate in ICON’s governance and staking mechanisms, which typically involve locking tokens to support network operations, security, or specific governance proposals. Staking can earn you rewards in ICX and helps secure the network, while governance participation gives you a say in protocol improvements and ecosystem funding decisions. Before staking, verify the current staking requirements, lock-up periods, rewards rate, and any penalties for early withdrawal on the latest ICON documentation or the supporting wallet/app you use.
What should I know about ICON’s technology stack and recent updates?: ICON uses a layered architecture designed to connect diverse blockchains via its loopchain technology, enabling cross-chain communication and smart contract execution. Key components include the protocol layer, the ICON blockchain, and the Community-Driven Development (CDD) model. Recent updates typically focus on performance improvements, interoperability features, and ecosystem incentives. To stay informed, monitor ICON Foundation announcements, GitHub repositories, and trusted crypto news outlets for quarterly updates, new dApps, and any changes to staking, governance, or network fees.

Top Pairs for ICON in the UK

Frequently Asked Questions About Staking ICON (ICX) in the UK

What is ICON (ICX) and what does it aim to do?

ICON is a blockchain platform designed to connect various independent blockchains through a scalable network and a decentralized governance model. It aims to enable seamless interaction between different communities, devices, and services by providing a unified ecosystem where users can create, manage, and transfer digital assets across connected networks. The ICX token acts as the native cryptocurrency used for governance, staking, and transaction validation within the ICON ecosystem.

How can I buy ICX, and where is it typically traded?

ICX is listed on several major cryptocurrency exchanges. To buy ICX, you’ll need a cryptocurrency wallet and an account on an exchange that supports ICX trading pairs (for example, ICX/BTC or ICX/USD). Steps: 1) Create an account on a supported exchange, 2) complete any required identity verification, 3) deposit fiat or crypto funds, 4) place a buy order for ICX, 5) transfer ICX to a personal wallet if you prefer self-c custody. Always verify withdrawal limits, trading fees, and the exchange’s security practices before buying.

What is ICX’s current price and how has it moved recently?

As of the latest data, ICX trades around 0.0525 USD per token. Over the last 24 hours, the price declined by approximately 2.41%, reflecting typical market volatility. When evaluating price movements, consider broader market trends, project updates, and development activity. For up-to-date pricing, refer to reliable market data sources and confirm with multiple exchanges, since prices can vary slightly between platforms.

How does staking or governance work on ICON, and why would I participate?

ICX holders can participate in ICON’s governance and staking mechanisms, which typically involve locking tokens to support network operations, security, or specific governance proposals. Staking can earn you rewards in ICX and helps secure the network, while governance participation gives you a say in protocol improvements and ecosystem funding decisions. Before staking, verify the current staking requirements, lock-up periods, rewards rate, and any penalties for early withdrawal on the latest ICON documentation or the supporting wallet/app you use.

What should I know about ICON’s technology stack and recent updates?

ICON uses a layered architecture designed to connect diverse blockchains via its loopchain technology, enabling cross-chain communication and smart contract execution. Key components include the protocol layer, the ICON blockchain, and the Community-Driven Development (CDD) model. Recent updates typically focus on performance improvements, interoperability features, and ecosystem incentives. To stay informed, monitor ICON Foundation announcements, GitHub repositories, and trusted crypto news outlets for quarterly updates, new dApps, and any changes to staking, governance, or network fees.

How to Stake ICON (ICX) in the UK

What you will learn

How to Stake ICON (ICX) in the UK

Statistics about ICON Staking in the UK

Other coins you can stake in the UK

Introduction

Step-by-Step Guide

1. Obtain ICON (ICX) Tokens

2. Choose a ICON Wallet

3. Delegate Your ICX

4. Start Validating

What to Be Aware Of

Latest Movements in the UK

Frequently Asked Questions About Staking ICON (ICX) in the UK

Top Pairs for ICON in the UK

Important Notice

Newly Added Coins to Stake in the UK

Supported Staking Providers in the UK

Similar Coins to Stake in the UK

Frequently Asked Questions About Staking ICON (ICX) in the UK

Introduction

Step-by-Step Guide

1. Obtain ICON (ICX) Tokens

2. Choose a ICON Wallet

3. Delegate Your ICX

4. Start Validating

What to Be Aware Of