Where and How to Stake Akita Inu (akita)

Introduction

Staking Akita Inu can be a great option for those who want to hold akita but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Akita Inu (akita) Tokens

   In order to stake Akita Inu, you need to have it. To obtain Akita Inu, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Kraken	Akita Inu (akita)	1,2
   MEXC Global	Akita Inu (akita)	0
   Kucoin	Akita Inu (akita)	1,19
   Gate.io	Akita Inu (akita)	0
   BingX	Akita Inu (akita)	0
   Bitmart	Akita Inu (akita)	0

   See all 12 prices

2. 2. Choose a Akita Inu Wallet

   Once you have akita, you’ll need to choose a Akita Inu wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Kucoin	Akita Inu (akita)	Up to 6,5 APY

3. 3. Delegate Your akita

   We recommend using a staking pool when staking akita. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their akita, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You’ll need to wait for your deposit to be confirmed by your wallet. Once it’s confirmed, you’ll automatically validate transactions on the Akita Inu network. You’ll be rewarded with akita for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.