Introduction
Staking LTO Network can be a great option for those who want to hold LTO 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 LTO Network (LTO) tokens
In order to stake LTO Network, you need to have it. To obtain LTO Network, you'll need to purchase it. You can choose from these popular exchanges.
- 2
Choose a LTO Network wallet
Once you have LTO, you’ll need to choose a LTO Network wallet to store your tokens. Here are some good options.
- 3
Delegate your LTO
We recommend using a staking pool when staking LTO. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their LTO, 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 LTO Network network. You’ll be rewarded with LTO 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
LTO Network (LTO) is currently priced at $0.1825, with a 24-hour trading volume of $3.79M. In the last 24 hours, LTO Network has experienced a decrease to -0.71. The market cap of LTO Network stands at $72.67M, with 427.42M in circulation. For those looking to buy or trade LTO Network, reputable platforms like Binance offer avenues to do so securely and efficiently.
- Market cap
- $72.67M
- Volume
- $3.79M
- Circulating supply
- $427.42M
