How to Stake Syscoin (SYS) in the UK

Introduction

Staking Syscoin can be an excellent option for those who wish to hold SYS 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 Syscoin (SYS) Tokens

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

   Platform	Coin	Price
   Binance	Syscoin (SYS)	0.02
   BingX	Syscoin (SYS)	0.02
   Bitget	Syscoin (SYS)	0.02
   Bitmart	Syscoin (SYS)	0.06
   Bitpanda	Syscoin (SYS)	0.13
   Bybit	Syscoin (SYS)	0.02

   View all 25 prices

2. 2. Choose a Syscoin Wallet

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

   Platform	Coin	Staking rewards
   MyCointainer	Syscoin (SYS)	Up to 4.48% AER

3. 3. Delegate Your SYS

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