How to Stake Stox (STX) in the UK

Introduction

Staking Stox can be an excellent option for those who wish to hold STX 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 Stox (STX) Tokens

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

   Platform	Coin	Price
   YouHodler	Stox (STX)	0.6
   Binance	Stox (STX)	0.6
   Coinbase	Stox (STX)	0.6
   Kraken	Stox (STX)	0.6
   OKX	Stox (STX)	0.65
   Bake	Stox (STX)	0.6

   View all 31 prices

2. 2. Choose a Stox Wallet

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

   Platform	Coin	Staking rewards
   Binance	Stox (STX)	Up to 5% AER
   Kucoin	Stox (STX)	Up to 4% AER

   View all 4 staking rewards

3. 3. Delegate Your STX

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