How to Stake MultiversX (EGLD) in the UK

Introduction

Staking MultiversX can be an excellent option for those who wish to hold EGLD 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 MultiversX (EGLD) Tokens

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

   Platform	Coin	Price
   PrimeXBT	MultiversX (EGLD)	6.19
   YouHodler	MultiversX (EGLD)	6.2
   Binance	MultiversX (EGLD)	6.2
   BTSE	MultiversX (EGLD)	6.2
   Coinbase	MultiversX (EGLD)	6.18
   Kraken	MultiversX (EGLD)	6.2

   View all 53 prices

2. 2. Choose a MultiversX Wallet

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

   Platform	Coin	Staking rewards
   Atomic Wallet	MultiversX (EGLD)	Up to 9.4% AER
   Binance	MultiversX (EGLD)	Up to 3.1% AER
   Bitget	MultiversX (EGLD)	Up to 8.5% AER

   View all 13 staking rewards

3. 3. Delegate Your EGLD

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