Introduction

Staking Powerledger can be an excellent option for those who wish to hold POWR 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 Powerledger (POWR) Tokens

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

   Platform	Coin	Price
   Binance	Powerledger (POWR)	0.09
   Coinbase	Powerledger (POWR)	0.09
   Kraken	Powerledger (POWR)	0.09
   Uphold	Powerledger (POWR)	0.17
   BingX	Powerledger (POWR)	0.09
   Bitget	Powerledger (POWR)	0.09

   View all 32 prices

2. 2. Choose a Powerledger Wallet

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

3. 3. Delegate Your POWR

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