Introduction
Staking AssetMantle can be an excellent choice for individuals in the UAE looking to hold MNTL while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That’s why we’ve created this guide to assist you.
Step-by-Step Guide for UAE Residents
1. Acquire AssetMantle (MNTL) Tokens
To stake AssetMantle, you first need to acquire it. To obtain AssetMantle, you will need to purchase it from one of the popular exchanges available in the UAE.
View all 4 pricesPlatform Cryptocurrency Price LBank AssetMantle (MNTL) 0.000428 MEXC Global AssetMantle (MNTL) 0.000494 2. Select a AssetMantle Wallet
Once you have MNTL, you'll need to select a AssetMantle wallet to securely store your tokens. Here are some excellent options available in the UAE market.
Platform Cryptocurrency Staking rewards in the UAE MyCointainer AssetMantle (MNTL) Up to 97.3% APY Stakewolle AssetMantle (MNTL) Up to 112.69% APY 3. Delegate Your MNTL in the UAE
We recommend utilizing a staking pool when staking MNTL. It’s more straightforward and quicker to get started. A staking pool consists of a group of validators who pool their MNTL, increasing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
4. Begin Verification
You will need to wait for your deposit to be confirmed by your digital wallet. Once it's confirmed, you will automatically validate transactions on the AssetMantle network. For these validations, you will be rewarded with MNTL.
What to Consider in the UAE Market
In the UAE, it's important to factor in transaction and staking pool fees when engaging in cryptocurrency activities. Additionally, you may experience a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.
Recent Developments
AssetMantle (MNTL) is currently priced at $97.3 with a 24-hour trading volume of $71,953. The market cap of AssetMantle stands at $1.71M, with 1.88B MNTL in circulation. For those looking to buy or trade AssetMantle, MyCointainer offers avenues to do so securely and efficiently
- Market capitalization
- $1.71M
- 24-hour trading volume
- $71,953
- Circulating supply
- 1.88B MNTL