Introduction
Staking Metis can be a great option for those who want to hold METIS 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 Metis (METIS) Tokens
In order to stake Metis, you need to have it. To obtain Metis, you'll need to purchase it. You can choose from these popular exchanges.
See all 15 pricesPlatform Coin Price Bitpanda Metis (METIS) 39.48 Uphold Metis (METIS) 39.63 OKX Metis (METIS) 39.33 Binance Metis (METIS) 40.30 Coinbase Metis (METIS) 39.24 BTSE Metis (METIS) 40.02 2. Choose a Metis Wallet
Once you have METIS, you’ll need to choose a Metis wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Bitmart Metis (METIS) Up to 1.50 APY 3. Delegate Your METIS
We recommend using a staking pool when staking METIS. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their METIS, 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 Metis network. You’ll be rewarded with METIS 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
Metis (METIS) is currently priced at $1.50 with a 24-hour trading volume of $17.48M. The market cap of Metis stands at $242.21M, with $6.10M METIS in circulation. For those looking to buy or trade Metis, Bitmart offers avenues to do so securely and efficiently}
- Market cap
- $242.21M
- 24h volume
- $17.48M
- Circulating supply
- $6.10M