Earn up to
5.5% APY
An in-depth guide on the best way to stake CHR.
We have a lot of data on staking Chromia and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Chromia (CHR) is currently priced at $0.2859, with a 24-hour trading volume of $13.16M. In the last 24 hours, Chromia has seen an increase to 3.74. The market cap of Chromia stands at $220.70M, with 812.43M in circulation. For those looking to buy or trade Chromia, reputable platforms like Binance, BTSE, Kraken and Crypto.com offer avenues to do so securely and efficiently.
Staking Chromia can be a great option for those who want to hold CHR 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.
In order to stake Chromia, you need to have it. To obtain Chromia, you'll need to purchase it. You can choose from these popular exchanges.
Once you have CHR, you’ll need to choose a Chromia wallet to store your tokens. Here are some good options.
We recommend using a staking pool when staking CHR. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their CHR, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
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 Chromia network. You’ll be rewarded with CHR for these validations.
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.
