How to Stake Astar (ASTR)

Introduction

Staking Astar can be an excellent choice for those looking to hold ASTR 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 Astar (ASTR) Tokens

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

   Piattaforma	Criptovaluta	Value
   Binance	Astar (ASTR)	0,01 APY
   Kraken	Astar (ASTR)	0,01 APY
   OKX	Astar (ASTR)	0,03 APY
   Uphold	Astar (ASTR)	0,03 APY
   BingX	Astar (ASTR)	0,01 APY
   Bitget	Astar (ASTR)	0,01 APY

   Check out all 37 prices

2. 2. Select a Astar Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Binance	Astar (ASTR)	Up to 7,9% APY

3. 3. Delegate Your ASTR

   We recommend using a staking pool when staking ASTR. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their ASTR, 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 Astar network. For these validations, you'll receive rewards in ASTR.

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.