How to Stake NEAR Protocol (NEAR) in the UK

Introduction

Staking NEAR Protocol can be an excellent option for those who wish to hold NEAR 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 NEAR Protocol (NEAR) Tokens

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

   Platform	Coin	Price
   Nexo	NEAR Protocol (NEAR)	1.57
   PrimeXBT	NEAR Protocol (NEAR)	1.56
   YouHodler	NEAR Protocol (NEAR)	1.56
   Binance	NEAR Protocol (NEAR)	1.56
   BTSE	NEAR Protocol (NEAR)	1.56

   View all 59 prices

2. 2. Choose a NEAR Protocol Wallet

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

   Platform	Coin	Staking rewards
   YouHodler	NEAR Protocol (NEAR)	Up to 12% AER
   Uphold	NEAR Protocol (NEAR)	Up to 7.75% AER
   Atomic Wallet	NEAR Protocol (NEAR)	Up to 11% AER
   Bake	NEAR Protocol (NEAR)	Up to 6.5% AER
   Binance	NEAR Protocol (NEAR)	Up to 3.8% AER

   View all 31 staking rewards

3. 3. Delegate Your NEAR

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