How to Stake Lambda (LAMB) in the UK

Introduction

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

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

   Platform	Coin	Price
   OKX	Lambda (LAMB)	0.000109
   BingX	Lambda (LAMB)	0.0001004
   Gate.io	Lambda (LAMB)	0.00001017
   HTX	Lambda (LAMB)	0.000048
   MEXC Global	Lambda (LAMB)	0.00004731

   View all 10 prices

2. 2. Choose a Lambda Wallet

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

   Platform	Coin	Staking rewards
   MyCointainer	Lambda (LAMB)	Up to 30.4% AER

3. 3. Delegate Your LAMB

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