Earn up to
8% APY
A comprehensive guide on how to stake Aleph Zero (AZERO)
We have a wealth of information on staking Aleph Zero (AZERO) and we're excited to share some of this with you.
We present some staking options with other cryptocurrencies that may pique your interest.
Aleph Zero (AZERO) is currently priced at US$12,05 with a 24-hour trading volume of US$1,1M. The market cap of Aleph Zero stands at US$90,09M, with 302,31M AZERO in circulation. For those looking to buy or trade Aleph Zero, Bitpanda offers avenues to do so securely and efficiently}
Staking Aleph Zero can be an excellent choice for those looking to hold AZERO 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.
To stake Aleph Zero, you first need to acquire it. To obtain Aleph Zero, you'll need to buy it. You can select from these popular exchanges available in South Africa.
Once you have AZERO, you'll need to choose a Aleph Zero wallet to store your tokens securely. Here are some solid options to consider.
| Platform | Mint | Staking rewards in South Africa |
|---|---|---|
| Bitpanda | Aleph Zero (AZERO) | Up to 8% APY |
| MyCointainer | Aleph Zero (AZERO) | Up to 12,05% APY |
We recommend using a staking pool when staking AZERO. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their AZERO, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
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 Aleph Zero network. You'll be rewarded with AZERO for these validations.
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.
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