How to Stake Lido Staked Ether (STETH) in the UK

Introduction

Staking Lido Staked Ether can be an excellent option for those who wish to hold STETH 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 Lido Staked Ether (STETH) Tokens

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

   Platform	Coin	Price
   OKX	Lido Staked Ether (STETH)	2,014.26
   BingX	Lido Staked Ether (STETH)	3,044.47
   Bitget	Lido Staked Ether (STETH)	3,040.43
   Gate.io	Lido Staked Ether (STETH)	3,037.7
   HTX	Lido Staked Ether (STETH)	3,010.59

   View all 12 prices

2. 2. Choose a Lido Staked Ether Wallet

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

   Platform	Coin	Staking rewards
   FMFW.io	Lido Staked Ether (STETH)	Up to 3% AER
   Lido	Lido Staked Ether (STETH)	Up to 2.59% AER

   View all 4 staking rewards

3. 3. Delegate Your STETH

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