How to Stake iExec RLC (RLC) in the UK

Introduction

Staking iExec RLC can be an excellent option for those who wish to hold RLC 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 iExec RLC (RLC) Tokens

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

   Platform	Coin	Price
   Binance	iExec RLC (RLC)	0.65
   Coinbase	iExec RLC (RLC)	0.65
   Kraken	iExec RLC (RLC)	0.65
   BingX	iExec RLC (RLC)	2.07
   Bitget	iExec RLC (RLC)	0.65
   Bitmart	iExec RLC (RLC)	0.84

   View all 32 prices

2. 2. Choose a iExec RLC Wallet

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

   Platform	Coin	Staking rewards
   Bitmart	iExec RLC (RLC)	Up to 1% AER

3. 3. Delegate Your RLC

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