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 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 Alien Worlds (TLM) Tokens

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

   Platform	Mint	Cost
   Binance	Alien Worlds (TLM)	0
   Kraken	Alien Worlds (TLM)	0
   BingX	Alien Worlds (TLM)	0
   Bitget	Alien Worlds (TLM)	0
   Bitmart	Alien Worlds (TLM)	0
   Bitpanda	Alien Worlds (TLM)	0,01

   View all 31 prices

2. 2. Select a Alien Worlds Wallet

   Once you have TLM, you'll need to choose a Alien Worlds wallet to store your tokens securely. Here are some solid 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 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.