Introduction

Staking Neon can be an excellent option for those who wish to hold NEON 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 Neon (NEON) Tokens

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

   Platform	Coin	Price
   Coinbase	Neon (NEON)	0.06
   BingX	Neon (NEON)	0.06
   Bitmart	Neon (NEON)	0.06
   CoinEx	Neon (NEON)	0.06
   CoinList	Neon (NEON)	0.14
   Crypto.com	Neon (NEON)	0.06

   View all 22 prices

2. 2. Choose a Neon Wallet

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

3. 3. Delegate Your NEON

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