How to Stake Ankr Network (ANKR) in India

Introduction

Staking Ankr Network can be an excellent choice for those looking to hold ANKR 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 Ankr Network (ANKR) Tokens in India

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

   Platform	Coin	Cost
   Binance	Ankr Network (ANKR)	0.02
   BTSE	Ankr Network (ANKR)	0.02
   Coinbase	Ankr Network (ANKR)	0.02
   Kraken	Ankr Network (ANKR)	0.02
   Uphold	Ankr Network (ANKR)	0.02
   Azbit	Ankr Network (ANKR)	0.02

   See all 46 rates

2. 2. Choose a Ankr Network Wallet in India

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

   Platform	Coin	Staking rewards in India
   Ankr	Ankr Network (ANKR)	Up to 2.51% APY
   Binance	Ankr Network (ANKR)	Up to 2.19% APY

   View all 5 staking rewards available in India

3. 3. Delegate Your ANKR in India

   We recommend using a staking pool when staking ANKR. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their ANKR, 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 Ankr Network network. For these validations, you will be rewarded with ANKR.

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.