How to Stake Optimism (OP) in the UK

Introduction

Staking Optimism can be an excellent option for those who wish to hold OP 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 Optimism (OP) Tokens

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

   Platform	Coin	Price
   Nexo	Optimism (OP)	0.27
   PrimeXBT	Optimism (OP)	0.27
   YouHodler	Optimism (OP)	0.27
   Binance	Optimism (OP)	0.27
   BTSE	Optimism (OP)	0.27
   OKX	Optimism (OP)	0.72

   View all 45 prices

2. 2. Choose a Optimism Wallet

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

3. 3. Delegate Your OP

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