Introduction
Staking Pixels can be an excellent choice for individuals in the UAE looking to hold PIXEL 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 Pixels (PIXEL) Tokens
To stake Pixels, you first need to acquire it. To obtain Pixels, you will need to purchase it from one of the popular exchanges available in the UAE.
View all 32 pricesPlatform Cryptocurrency Price PrimeXBT Pixels (PIXEL) 0.03 Binance Pixels (PIXEL) 0.03 OKX Pixels (PIXEL) 0.03 BingX Pixels (PIXEL) 0.03 Bitget Pixels (PIXEL) 0.03 Bitmart Pixels (PIXEL) 0.03 2. Select a Pixels Wallet
Once you have PIXEL, you'll need to select a Pixels wallet to securely store your tokens. Here are some excellent options available in the UAE market.
Platform Cryptocurrency Staking rewards in the UAE Bitmart Pixels (PIXEL) Up to 1% APY 3. Delegate Your PIXEL in the UAE
We recommend utilizing a staking pool when staking PIXEL. It’s more straightforward and quicker to get started. A staking pool consists of a group of validators who pool their PIXEL, 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 Pixels network. For these validations, you will be rewarded with PIXEL.
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
Pixels (PIXEL) is currently priced at $1 with a 24-hour trading volume of $26.68M. The market cap of Pixels stands at $109.34M, with 771.04M PIXEL in circulation. For those looking to buy or trade Pixels, Bitmart offers avenues to do so securely and efficiently
- Market capitalization
- $109.34M
- 24-hour trading volume
- $26.68M
- Circulating supply
- 771.04M PIXEL