Threshold Network (T) is currently priced at $0.0348, with a 24-hour trading volume of $25.64M. In the last 24 hours, Threshold Network has seen an increase to 0.06. The market cap of Threshold Network stands at $335.25M, with 9.67B in circulation. For those looking to buy or trade Threshold Network, reputable platforms like Binance, BTSE, Coinbase and Crypto.com offer avenues to do so securely and efficiently.
Staking Threshold Network can be a great option for those who want to hold T 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 Threshold Network, you need to have it. To obtain Threshold Network, you'll need to purchase it. You can choose from these popular exchanges.
Once you have T, you’ll need to choose a Threshold Network wallet to store your tokens. Here are some good options.
We recommend using a staking pool when staking T. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their T, 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 Threshold Network network. You’ll be rewarded with T 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.
