How to Stake Wrapped USD (WUSD) in the UK

Introduction

Staking Wrapped USD can be an excellent option for those who wish to hold WUSD 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 Wrapped USD (WUSD) Tokens

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

   Platform	Coin	Price
   Azbit	Wrapped USD (WUSD)	1
   BingX	Wrapped USD (WUSD)	1
   Bitget	Wrapped USD (WUSD)	1
   Bitmart	Wrapped USD (WUSD)	1
   Gate.io	Wrapped USD (WUSD)	1
   Hotcoin	Wrapped USD (WUSD)	1

   View all 13 prices

2. 2. Choose a Wrapped USD Wallet

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

   Platform	Coin	Staking rewards
   Bitmart	Wrapped USD (WUSD)	Up to 5% AER

3. 3. Delegate Your WUSD

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