Introduction

Staking Wall Street Memes can be an excellent option for those who wish to hold WSM 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 Wall Street Memes (WSM) Tokens

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

   Platform	Coin	Price
   Bitmart	Wall Street Memes (WSM)	0.000938
   Gate.io	Wall Street Memes (WSM)	0.000827
   HTX	Wall Street Memes (WSM)	0.000383
   MEXC Global	Wall Street Memes (WSM)	0.0005787

   View all 6 prices

2. 2. Choose a Wall Street Memes Wallet

   Once you have WSM, you'll need to choose a Wall Street Memes wallet to store your tokens. Here are some suitable options.

3. 3. Delegate Your WSM

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