How to Stake IoTeX (IOTX) in the UK

Introduction

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

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

   Platform	Coin	Price
   Binance	IoTeX (IOTX)	0.01
   BTSE	IoTeX (IOTX)	0.01
   Coinbase	IoTeX (IOTX)	0.01
   BingX	IoTeX (IOTX)	0.01
   Bitget	IoTeX (IOTX)	0.01
   Bitmart	IoTeX (IOTX)	0.01

   View all 35 prices

2. 2. Choose a IoTeX Wallet

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

   Platform	Coin	Staking rewards
   Binance	IoTeX (IOTX)	Up to 4% AER
   Bitget	IoTeX (IOTX)	Up to 12% AER

   View all 5 staking rewards

3. 3. Delegate Your IOTX

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