Introduction
Staking Hashflow can be a great option for those who want to hold HFT 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 Hashflow (HFT) Tokens
In order to stake Hashflow, you need to have it. To obtain Hashflow, you'll need to purchase it. You can choose from these popular exchanges.
See all 19 pricesPlatform Coin Price Uphold Hashflow (HFT) 0.07 Kraken Hashflow (HFT) 0.07 Bitget Hashflow (HFT) 0.07 Kucoin Hashflow (HFT) 0.07 Bitmart Hashflow (HFT) 0.07 CoinEx Hashflow (HFT) 0.07 2. Choose a Hashflow Wallet
Once you have HFT, you'll need to choose a Hashflow wallet to store your tokens. Here are some good options.
3. Delegate Your HFT
We recommend using a staking pool when staking HFT. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their HFT, 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 Hashflow network. You'll be rewarded with HFT 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
- Market cap
- $91.47M
- 24h volume
- $13.63M
- Circulating supply
- 490.93M HFT