Introduction
Staking Aion can be a great option for those who want to hold AION 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 Guide
1. Obtain Aion (AION) Tokens
In order to stake Aion, you need to have it. To obtain Aion, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price Binance Aion (AION) 0.00 2. Choose a Aion Wallet
Once you have AION, you’ll need to choose a Aion wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards MyCointainer Aion (AION) Up to 6.42 APY 3. Delegate Your AION
We recommend using a staking pool when staking AION. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their AION, 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 Aion network. You’ll be rewarded with AION 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
Aion (AION) is currently priced at $6.42 with a 24-hour trading volume of $158.92. The market cap of Aion stands at $756.57K, with $540.28M AION in circulation. For those looking to buy or trade Aion, MyCointainer offers avenues to do so securely and efficiently}
- Market cap
- $756.57K
- 24h volume
- $158.92
- Circulating supply
- $540.28M
