How to Stake Alien Worlds (TLM)

Introduction

Staking Alien Worlds can be an excellent choice for those looking to hold TLM while earning APY in a secure manner and supporting the network. The process might seem a bit overwhelming, particularly if you're doing it for the first time. That's why we've created this guide specifically for you.

Step-by-Step Guide for Ugandan Investors

1. 1. Acquire Alien Worlds (TLM) Tokens

   To stake Alien Worlds, you first need to acquire it. To obtain Alien Worlds, you will have to buy it. You can select from these well-known exchanges available in Uganda.

   E-platform	Coin	Cost
   Binance	Alien Worlds (TLM)	0 APY
   Kraken	Alien Worlds (TLM)	0 APY
   BingX	Alien Worlds (TLM)	0 APY
   Bitget	Alien Worlds (TLM)	0 APY
   Bitmart	Alien Worlds (TLM)	0 APY
   Bitpanda	Alien Worlds (TLM)	0.01 APY

   See all 31 prices in Uganda

2. 2. Select a Alien Worlds Wallet

   Once you have TLM, you'll need to select a Alien Worlds wallet to securely store your tokens. Here are some reliable options to consider.

3. 3. Delegate Your TLM

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

4. 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 Alien Worlds network. You'll be rewarded with TLM for these validations.

What to Keep in Mind

There are transaction and staking pool fees you need to keep in mind. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, which can take a bit of time.