Introduction

Staking Alchemy Pay can be an excellent choice for those looking to hold ACH while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. 1. Acquire Alchemy Pay (ACH) Tokens

   To stake Alchemy Pay, you first need to acquire it. To obtain Alchemy Pay, you'll need to buy it. You can select from these popular exchanges available in South Africa.

   Platform	Mint	Cost
   Binance	Alchemy Pay (ACH)	0,01
   BTSE	Alchemy Pay (ACH)	0,01
   Coinbase	Alchemy Pay (ACH)	0,01
   Kraken	Alchemy Pay (ACH)	0,01
   OKX	Alchemy Pay (ACH)	0,01
   Uphold	Alchemy Pay (ACH)	0,02

   View all 45 prices

2. 2. Select a Alchemy Pay Wallet

   Once you have ACH, you'll need to choose a Alchemy Pay wallet to store your tokens securely. Here are some solid options to consider.

3. 3. Delegate Your ACH

   We recommend using a staking pool when staking ACH. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their ACH, 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 Alchemy Pay network. You'll be rewarded with ACH for these validations.

What to Keep in Mind

There are transaction and staking pool fees you need to take into account. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this process can take some time.