How to Stake Planq (PLQ) in the UK

Introduction

Staking Planq can be an excellent option for those who wish to hold PLQ 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 Planq (PLQ) Tokens

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

   Platform	Coin	Price
   BingX	Planq (PLQ)	0.01

2. 2. Choose a Planq Wallet

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

   Platform	Coin	Staking rewards
   MyCointainer	Planq (PLQ)	Up to 81.2% AER

3. 3. Delegate Your PLQ

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