How to Stake IOST (IOST): A Comprehensive Guide for 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. 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. 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. 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. 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.

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

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