How to Stake Ronin (RON) in the UK

Introduction

Staking Ronin can be an excellent option for those who wish to hold RON 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 Ronin (RON) Tokens

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

   Platform	Coin	Price
   Binance	Ronin (RON)	0.13
   Coinbase	Ronin (RON)	0.13
   OKX	Ronin (RON)	0.79
   Uphold	Ronin (RON)	0.6
   Bake	Ronin (RON)	0.13
   BingX	Ronin (RON)	0.13

   View all 35 prices

2. 2. Choose a Ronin Wallet

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

   Platform	Coin	Staking rewards
   Binance	Ronin (RON)	Up to 7.04% AER
   Bitpanda	Ronin (RON)	Up to 8% AER

   View all 4 staking rewards

3. 3. Delegate Your RON

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