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How to Stake Moonbeam (GLMR) in the UAE

Earn up to
7.1% APY in the UAE.

What you will learn

  1. 1

    How to Stake Moonbeam (GLMR) in the UAE

    An in-depth guide on how to stake Moonbeam (GLMR) in the UAE

  2. 2

    Statistics about Moonbeam Staking in the UAE

    We have extensive information on staking Moonbeam (GLMR), and we are pleased to share some of these insights with you.

  3. 3

    Additional cryptocurrencies available for staking

    We present you with various staking options featuring different cryptocurrencies that may pique your interest.

Introduction

Staking Moonbeam can be an excellent choice for individuals in the UAE looking to hold GLMR 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. 1. Acquire Moonbeam (GLMR) Tokens

    To stake Moonbeam, you first need to acquire it. To obtain Moonbeam, you will need to purchase it from one of the popular exchanges available in the UAE.

  2. 2. Select a Moonbeam Wallet

    Once you have GLMR, you'll need to select a Moonbeam wallet to securely store your tokens. Here are some excellent options available in the UAE market.

    PlatformCryptocurrencyStaking rewards in the UAE
    BinanceMoonbeam (GLMR)Up to 7.1% APY
    BitpandaMoonbeam (GLMR)Up to 5% APY
    BTSEMoonbeam (GLMR)Up to 2.4% APY
    Explore all 9 staking rewards available in the UAE market.
  3. 3. Delegate Your GLMR in the UAE

    We recommend utilizing a staking pool when staking GLMR. It’s more straightforward and quicker to get started. A staking pool consists of a group of validators who pool their GLMR, increasing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

  4. 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 Moonbeam network. For these validations, you will be rewarded with GLMR.

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

Moonbeam (GLMR) is currently priced at $9.12 with a 24-hour trading volume of $7.25M. The market cap of Moonbeam stands at $209.74M, with 938.85M GLMR in circulation. For those looking to buy or trade Moonbeam, Binance offers avenues to do so securely and efficiently

Market capitalization
$209.74M
24-hour trading volume
$7.25M
Circulating supply
938.85M GLMR
Discover the latest updates

Moonbeam GLMR Updates in the UAE

Top Trading Pairs for Moonbeam in the UAE

Important Notice

Important Notice