How to Stake Pandora (PANDORA) in the UK

Introduction

Staking Pandora can be an excellent option for those who wish to hold PANDORA 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 Pandora (PANDORA) Tokens

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

   Platform	Coin	Price
   BingX	Pandora (PANDORA)	598.25
   Bitmart	Pandora (PANDORA)	905.74
   CoinEx	Pandora (PANDORA)	1,102.28
   Gate.io	Pandora (PANDORA)	779.8
   Hotcoin	Pandora (PANDORA)	1,818.7
   HTX	Pandora (PANDORA)	869

   View all 13 prices

2. 2. Choose a Pandora Wallet

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

   Platform	Coin	Staking rewards
   Bitmart	Pandora (PANDORA)	Up to 1% AER

3. 3. Delegate Your PANDORA

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