How to Stake Saga (SAGA) in the UK

Introduction

Staking Saga can be an excellent option for those who wish to hold SAGA 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 Saga (SAGA) Tokens

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

   Platform	Coin	Price
   PrimeXBT	Saga (SAGA)	0.06
   Binance	Saga (SAGA)	0.06
   Kraken	Saga (SAGA)	0.06
   Bitget	Saga (SAGA)	0.06
   Bitmart	Saga (SAGA)	0.06
   Bitpanda	Saga (SAGA)	2.24

   View all 21 prices

2. 2. Choose a Saga Wallet

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

   Platform	Coin	Staking rewards
   Bitget	Saga (SAGA)	Up to 16% AER
   Bitpanda	Saga (SAGA)	Up to 9% AER
   Stakin	Saga (SAGA)	Up to 3% AER

   View all 5 staking rewards

3. 3. Delegate Your SAGA

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