How to Stake IOST (IOST) in the UK

Introduction

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

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

   Platform	Coin	Price
   EarnPark	IOST (IOST)	0.01
   Binance	IOST (IOST)	0
   OKX	IOST (IOST)	0
   BingX	IOST (IOST)	0
   Bitget	IOST (IOST)	0
   Bitmart	IOST (IOST)	0

   View all 35 prices

2. 2. Choose a IOST Wallet

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

   Platform	Coin	Staking rewards
   Binance	IOST (IOST)	Up to 2.3% AER
   Bitget	IOST (IOST)	Up to 4% AER

   View all 6 staking rewards

3. 3. Delegate Your IOST

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