How to Stake Razor Network (RAZOR) in the UK

Introduction

Staking Razor Network can be an excellent option for those who wish to hold RAZOR 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 Razor Network (RAZOR) Tokens

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

   Platform	Coin	Price
   Gate.io	Razor Network (RAZOR)	0.000821
   MEXC Global	Razor Network (RAZOR)	0.0007749

   View all 4 prices

2. 2. Choose a Razor Network Wallet

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

   Platform	Coin	Staking rewards
   Stakin	Razor Network (RAZOR)	Up to 10.79% AER

3. 3. Delegate Your RAZOR

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