Introduction
Staking Big Time can be an excellent choice for individuals in the UAE looking to hold BIGTIME 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 Big Time (BIGTIME) Tokens
To stake Big Time, you first need to acquire it. To obtain Big Time, you will need to purchase it from one of the popular exchanges available in the UAE.
View all 43 pricesPlatform Cryptocurrency Price PrimeXBT Big Time (BIGTIME) 0.02 Binance Big Time (BIGTIME) 0.02 Coinbase Big Time (BIGTIME) 0.02 Kraken Big Time (BIGTIME) 0.02 OKX Big Time (BIGTIME) 0.06 Uphold Big Time (BIGTIME) 0.06 2. Select a Big Time Wallet
Once you have BIGTIME, you'll need to select a Big Time wallet to securely store your tokens. Here are some excellent options available in the UAE market.
3. Delegate Your BIGTIME in the UAE
We recommend utilizing a staking pool when staking BIGTIME. It’s more straightforward and quicker to get started. A staking pool consists of a group of validators who pool their BIGTIME, 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 Big Time network. For these validations, you will be rewarded with BIGTIME.
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
- Market capitalization
- $187.37M
- 24-hour trading volume
- $17.04M
- Circulating supply
- 1.49B BIGTIME
