How to Stake ALEO (ALEO): A Step-by-Step Guide

Introduction

Staking ALEO can be a great option for those who want to hold ALEO 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. Obtain ALEO (ALEO) Tokens
In order to stake ALEO, you need to have it. To obtain ALEO, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Coinbase ALEO (ALEO) 0.12
BingX ALEO (ALEO) 0.12
Bitmart ALEO (ALEO) 0.12
Bybit ALEO (ALEO) 0.12
CoinEx ALEO (ALEO) 0.12
Gate.io ALEO (ALEO) 0.12
See all 18 prices
2. Choose a ALEO Wallet
Once you have ALEO, you’ll need to choose a ALEO wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
Everstake ALEO (ALEO) Up to 9.53% APY
3. Delegate Your ALEO
We recommend using a staking pool when staking ALEO. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ALEO, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
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 ALEO network. You’ll be rewarded with ALEO for these validations.

Platform	Coin	Price
Coinbase	ALEO (ALEO)	0.12
BingX	ALEO (ALEO)	0.12
Bitmart	ALEO (ALEO)	0.12
Bybit	ALEO (ALEO)	0.12
CoinEx	ALEO (ALEO)	0.12
Gate.io	ALEO (ALEO)	0.12

Platform	Coin	Staking rewards
Everstake	ALEO (ALEO)	Up to 9.53% APY

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.