Where and How to Stake Alchemy Pay (ACH)

Introduction

Staking Alchemy Pay can be a great option for those who want to hold ACH but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Alchemy Pay (ACH) Tokens

   In order to stake Alchemy Pay, you need to have it. To obtain Alchemy Pay, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitpanda	Alchemy Pay (ACH)	0.03
   Uphold	Alchemy Pay (ACH)	0.02
   Kraken	Alchemy Pay (ACH)	0.03
   OKX	Alchemy Pay (ACH)	0.03
   Binance	Alchemy Pay (ACH)	0.02
   Coinbase	Alchemy Pay (ACH)	0.03

   See all 20 prices

2. 2. Choose a Alchemy Pay Wallet

   Once you have ACH, you’ll need to choose a Alchemy Pay wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Binance	Alchemy Pay (ACH)	Up to 9.29 APY

3. 3. Delegate Your ACH

   We recommend using a staking pool when staking ACH. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ACH, which gives them a higher chance of validating transactions and earning rewards. You can do 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 be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.