How to Stake Secret (SCRT) in the UK

Introduction

Staking Secret can be an excellent option for those who wish to hold SCRT 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 Secret (SCRT) Tokens

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

   Platform	Coin	Price
   Binance	Secret (SCRT)	0.11
   Kraken	Secret (SCRT)	0.11
   BingX	Secret (SCRT)	0.43
   Bitmart	Secret (SCRT)	0.18
   Bitpanda	Secret (SCRT)	0.68
   Bybit	Secret (SCRT)	0.11

   View all 24 prices

2. 2. Choose a Secret Wallet

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

   Platform	Coin	Staking rewards
   Bitpanda	Secret (SCRT)	Up to 10% AER
   MyCointainer	Secret (SCRT)	Up to 23.1% AER
   Stakely.io	Secret (SCRT)	Up to 20.21% AER

   View all 9 staking rewards

3. 3. Delegate Your SCRT

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