Introduction

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

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

   Platform	Coin	Price
   Binance	Litentry (LIT)	0.74
   Coinbase	Litentry (LIT)	0.47
   Uphold	Litentry (LIT)	0.58
   BingX	Litentry (LIT)	0.95
   Bitget	Litentry (LIT)	0.74
   Bitmart	Litentry (LIT)	0.74

   View all 27 prices

2. 2. Choose a Litentry Wallet

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

3. 3. Delegate Your LIT

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