Introduction

Staking Biconomy can be an excellent option for those who wish to hold BICO 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 Biconomy (BICO) Tokens

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

   Platform	Coin	Price
   Binance	Biconomy (BICO)	0.04
   Coinbase	Biconomy (BICO)	0.04
   Kraken	Biconomy (BICO)	0.04
   OKX	Biconomy (BICO)	0.13
   Uphold	Biconomy (BICO)	0.11
   BingX	Biconomy (BICO)	0.04

   View all 44 prices

2. 2. Choose a Biconomy Wallet

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

3. 3. Delegate Your BICO

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