Introduction
Staking Casper can be a great option for those who want to hold CSPR 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 Casper (CSPR) tokens
In order to stake Casper, you need to have it. To obtain Casper, you'll need to purchase it. You can choose from these popular exchanges.
- 2
Choose a Casper wallet
Once you have CSPR, you’ll need to choose a Casper wallet to store your tokens. Here are some good options.
- 3
Delegate your CSPR
We recommend using a staking pool when staking CSPR. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their CSPR, 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 Casper network. You’ll be rewarded with CSPR 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
Casper (CSPR) is currently priced at $0.0296, with a 24-hour trading volume of $9.65M. In the last 24 hours, Casper has experienced a decrease to -0.2. The market cap of Casper stands at $358.43M, with 11.98B in circulation. For those looking to buy or trade Casper, reputable platforms like OKX and Crypto.com offer avenues to do so securely and efficiently.
- Market cap
- $358.43M
- Volume
- $9.65M
- Circulating supply
- $11.98B
