How to Stake Terra Luna Classic (LUNC): A Comprehensive Guide for the UK

Introduction

Staking Terra Luna Classic can be an excellent option for those who wish to hold LUNC 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. Obtain Terra Luna Classic (LUNC) Tokens

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

Platform	Coin	Price
Binance	Terra Luna Classic (LUNC)	0.00004045
BTSE	Terra Luna Classic (LUNC)	0.00004043
OKX	Terra Luna Classic (LUNC)	0.0000599
Uphold	Terra Luna Classic (LUNC)	0.00006084
BingX	Terra Luna Classic (LUNC)	0.00004052
Bitget	Terra Luna Classic (LUNC)	0.00004058

View all 27 prices

2. Choose a Terra Luna Classic Wallet
Once you have LUNC, you'll need to choose a Terra Luna Classic wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards
Bitget Terra Luna Classic (LUNC) Up to 8% AER
Bitmart Terra Luna Classic (LUNC) Up to 0.3% AER
View all 5 staking rewards
3. Delegate Your LUNC
We recommend using a staking pool when staking LUNC. It's simpler and quicker to get started. A staking pool is a group of validators who combine their LUNC, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Terra Luna Classic network. You will be rewarded with LUNC for these validations.

Platform	Coin	Staking rewards
Bitget	Terra Luna Classic (LUNC)	Up to 8% AER
Bitmart	Terra Luna Classic (LUNC)	Up to 0.3% AER

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.