How to Stake Waves (WAVES) in the UK

Introduction

Staking Waves can be an excellent option for those who wish to hold WAVES 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 Waves (WAVES) Tokens

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

   Platform	Coin	Price
   Binance	Waves (WAVES)	1.08
   Azbit	Waves (WAVES)	0.69
   BingX	Waves (WAVES)	0.69
   Bitfinex	Waves (WAVES)	2.33
   Bitget	Waves (WAVES)	0.69
   Bitmart	Waves (WAVES)	0.69

   View all 28 prices

2. 2. Choose a Waves Wallet

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

3. 3. Delegate Your WAVES

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