Introduction

Staking Steem can be an excellent option for those who wish to hold STEEM 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 Steem (STEEM) Tokens

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

   Platform	Coin	Price
   Binance	Steem (STEEM)	0.07
   BingX	Steem (STEEM)	0.13
   Bybit	Steem (STEEM)	0.07
   CoinEx	Steem (STEEM)	0.07
   Gate.io	Steem (STEEM)	0.07
   Hotcoin	Steem (STEEM)	0.13

   View all 20 prices

2. 2. Choose a Steem Wallet

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

3. 3. Delegate Your STEEM

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