How to Stake Kusama (KSM) in the UK

Introduction

Staking Kusama can be an excellent option for those who wish to hold KSM while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain Kusama (KSM) Tokens

   To stake Kusama, you need to possess it. To obtain Kusama, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	Kusama (KSM)	15.87
   Binance	Kusama (KSM)	9.7
   BTSE	Kusama (KSM)	9.73
   Coinbase	Kusama (KSM)	9.63
   Kraken	Kusama (KSM)	9.7
   OKX	Kusama (KSM)	18.08

   View all 48 prices

2. 2. Choose a Kusama Wallet

   Once you have KSM, you'll need to choose a Kusama wallet to store your tokens. Here are some suitable options.

   Platform	Coin	Staking rewards
   Uphold	Kusama (KSM)	Up to 4.8% AER
   Binance	Kusama (KSM)	Up to 10.9% AER
   Bitpanda	Kusama (KSM)	Up to 14% AER

   View all 17 staking rewards

3. 3. Delegate Your KSM

   We recommend using a staking pool when staking KSM. It's simpler and quicker to get started. A staking pool is a group of validators who combine their KSM, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the Kusama network. You will be rewarded with KSM for these validations.

What to Be Aware Of

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