How to Stake Astar (ASTR)

Introduction

Staking Astar can be an excellent choice for those looking to hold ASTR 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 Astar (ASTR) Tokens

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

   Platform	Mint	Cost
   Binance	Astar (ASTR)	0,01
   Kraken	Astar (ASTR)	0,01
   OKX	Astar (ASTR)	0,03
   Uphold	Astar (ASTR)	0,03
   BingX	Astar (ASTR)	0,01
   Bitget	Astar (ASTR)	0,01

   View all 37 prices

2. 2. Select a Astar Wallet

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

   Platform	Mint	Staking rewards in South Africa
   Binance	Astar (ASTR)	Up to 7,9% APY

3. 3. Delegate Your ASTR

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