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
- 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.
- 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.
- 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
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.
Latest movements
Alchemy Pay (ACH) is currently priced at $0.03, with a 24-hour trading volume of $26.71M. In the last 24 hours, Alchemy Pay has experienced a decrease to -2.91. The market cap of Alchemy Pay stands at $218.27M, with 7.61B in circulation. For those looking to buy or trade Alchemy Pay, reputable platforms like Binance, BTSE, Kraken, Coinbase and Crypto.com offer avenues to do so securely and efficiently.
- Market cap
- $218.27M
- Volume
- $26.71M
- Circulating supply
- $7.61B
