How to Stake ALEO (ALEO)

Introduction

Staking ALEO can be an excellent choice for those looking to hold ALEO while earning APY in a secure manner and supporting the network. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. 1. Acquire ALEO (ALEO) Tokens

   To stake ALEO, you must first acquire it. To obtain ALEO, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Coinbase	ALEO (ALEO)	0,22 APY
   BingX	ALEO (ALEO)	0,22 APY
   Bitmart	ALEO (ALEO)	0,22 APY
   Bybit	ALEO (ALEO)	0,22 APY
   CoinEx	ALEO (ALEO)	0,22 APY
   Gate.io	ALEO (ALEO)	0,22 APY

   Check out all 18 prices

2. 2. Select a ALEO Wallet

   Once you have ALEO, you'll need to select a ALEO wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.

   Piattaforma	Criptovaluta	Staking rewards
   Everstake	ALEO (ALEO)	Up to 9,53% APY

3. 3. Delegate Your ALEO

   We recommend using a staking pool when staking ALEO. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their ALEO, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin the Validation Process

   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 ALEO network. For these validations, you'll receive rewards in ALEO.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.