How to Stake Axelar (AXL) on Nova Wallet

Nova Wallet may not directly support AXL staking, but you can still use Nova Wallet to buy AXL and transfer it for staking.

Current APY

10.0%

Price

$0.0459

Platform Fee

No

Platform Type

wallet

Start Staking AXL on Nova Wallet

Nova Wallet gives you full control of your assets.

Stake AXL on Nova Wallet โ†’

Step-by-Step: Stake AXL on Nova Wallet

1

Install Nova Wallet

Download and install Nova Wallet from its official site. Set up a new wallet or import an existing seed phrase, and back up your recovery phrase securely.

2

Fund the wallet with AXL

Buy AXL on an exchange (Coinbase, Kraken, Binance) and withdraw to your Nova Wallet address. Double-check the network before sending.

3

Open the staking section

In Nova Wallet, navigate to the staking or earn tab for Axelar. Pick a validator โ€” look for low commission, long uptime, and avoid the top validator to support decentralization.

4

Delegate and confirm

Enter the amount of AXL to stake and confirm the transaction. Rewards typically begin accruing in 1โ€“2 epochs and compound automatically or are claimable from the same screen.

Nova Wallet for AXL Staking: Pros & Cons

Pros

  • + Best mobile UX in the Polkadot ecosystem
  • + Direct support for governance + OpenGov
  • + Nomination pools and direct staking with one-tap toggling
  • + Ledger Live mobile integration

Cons

  • - Mobile-first โ€” no full desktop client
  • - Polkadot ecosystem only
  • - Some users prefer a desktop signer for large stakes

Other Platforms for AXL Staking

FAQ: AXL Staking on Nova Wallet

What APY can I earn staking AXL on Nova Wallet?
The current estimated APY for AXL staking is around 10.0%. Actual rates vary based on network conditions, validator performance, and Nova Wallet's fee structure (No platform fee โ€” validator commission only).
Is staking AXL on Nova Wallet safe?
Nova Wallet is a non-custodial protocol with a low risk profile for AXL staking. As a non-custodial platform, you retain control of your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake AXL from Nova Wallet?
Unstaking times depend on the network: 28 days (DOT), 7 days (KSM). During the unstaking period, your AXL won't earn rewards.
What fees does Nova Wallet charge for AXL staking?
Nova Wallet charges No platform fee โ€” validator commission only. These fees are typically deducted from your staking rewards automatically.
Can I stake AXL on other platforms?
Yes! You can compare all available platforms for AXL staking on our How to Stake Axelar guide. Different platforms offer different APY rates, fees, and custody models.
How to Stake Axelar (AXL) on Nova Wallet โ€” 2026 Guide | Stacky