How to Stake Livepeer (LPT) in the UK

Introduction

Staking Livepeer can be an excellent option for those who wish to hold LPT 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 Livepeer (LPT) Tokens

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

   Platform	Coin	Price
   Binance	Livepeer (LPT)	6.64
   BTSE	Livepeer (LPT)	6.66
   Coinbase	Livepeer (LPT)	6.64
   Kraken	Livepeer (LPT)	6.64
   OKX	Livepeer (LPT)	3.82
   Uphold	Livepeer (LPT)	7.94

   View all 52 prices

2. 2. Choose a Livepeer Wallet

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

   Platform	Coin	Staking rewards
   Binance	Livepeer (LPT)	Up to 18.9% AER
   BTSE	Livepeer (LPT)	Up to 9.27% AER

   View all 5 staking rewards

3. 3. Delegate Your LPT

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