How to Stake XPLA (XPLA) in the UK

Introduction

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

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

   Platform	Coin	Price
   Bitget	XPLA (XPLA)	0.04
   CoinEx	XPLA (XPLA)	0.02
   Crypto.com	XPLA (XPLA)	0.02
   Gate.io	XPLA (XPLA)	0.02
   HTX	XPLA (XPLA)	0.04
   MEXC Global	XPLA (XPLA)	0.04

   View all 12 prices

2. 2. Choose a XPLA Wallet

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

   Platform	Coin	Staking rewards
   Everstake	XPLA (XPLA)	Up to 10.79% AER

3. 3. Delegate Your XPLA

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