How to Stake Navio (NAV) in the UK

Introduction

Staking Navio can be an excellent option for those who wish to hold NAV 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 Navio (NAV) Tokens

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

   Platform	Coin	Price
   MEXC Global	Navio (NAV)	0.05

2. 2. Choose a Navio Wallet

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

   Platform	Coin	Staking rewards
   MyCointainer	Navio (NAV)	Up to 4.1% AER

3. 3. Delegate Your NAV

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