How to Stake Akash Network (AKT) in India

Introduction

Staking Akash Network can be an excellent choice for those looking to hold AKT while earning returns in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.

Step-by-Step Guide for Indian Investors

1. 1. Acquire Akash Network (AKT) Tokens in India

   To stake Akash Network, you first need to acquire it. To obtain Akash Network, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.

   Platform	Coin	Cost
   Coinbase	Akash Network (AKT)	0.37
   Uphold	Akash Network (AKT)	1.38
   Bake	Akash Network (AKT)	0.37
   BingX	Akash Network (AKT)	0.37
   Bitmart	Akash Network (AKT)	0.37
   Bitpanda	Akash Network (AKT)	4.24

   See all 27 rates

2. 2. Choose a Akash Network Wallet in India

   Once you have AKT, you'll need to choose a Akash Network wallet to securely store your tokens. Here are some reliable options available in India.

   Platform	Coin	Staking rewards in India
   Bitpanda	Akash Network (AKT)	Up to 10% APY
   Chainode Tech	Akash Network (AKT)	Up to 9.8% APY

   View all 9 staking rewards available in India

3. 3. Delegate Your AKT in India

   We recommend using a staking pool when staking AKT. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their AKT, increasing their chances of validating transactions and earning rewards. You can easily 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's confirmed, you will automatically validate transactions on the Akash Network network. For these validations, you will be rewarded with AKT.

What to Keep in Mind

When engaging in staking, it's important to factor in transaction fees and staking pool charges. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.