Recent Developments
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- Market capitalization
- $3.79B
- 24-hour trading volume
- $100.97M
- Circulating supply
- 8.41B POL
Earn up to
3.2% APY in the UAE.
An in-depth guide on how to stake POL (ex-MATIC) (POL) in the UAE
We have extensive information on staking POL (ex-MATIC) (POL), and we are pleased to share some of these insights with you.
We present you with various staking options featuring different cryptocurrencies that may pique your interest.
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Staking POL (ex-MATIC) can be an excellent choice for individuals in the UAE looking to hold POL 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.
To stake POL (ex-MATIC), you first need to acquire it. To obtain POL (ex-MATIC), you will need to purchase it from one of the popular exchanges available in the UAE.
| Platform | Cryptocurrency | Price |
|---|---|---|
| Nexo | POL (ex-MATIC) (POL) | 0.11 |
| PrimeXBT | POL (ex-MATIC) (POL) | 0.11 |
| YouHodler | POL (ex-MATIC) (POL) | 0.11 |
| Binance | POL (ex-MATIC) (POL) | 0.11 |
| BTSE | POL (ex-MATIC) (POL) | 0.11 |
| Coinbase | POL (ex-MATIC) (POL) | 0.11 |
Once you have POL, you'll need to select a POL (ex-MATIC) wallet to securely store your tokens. Here are some excellent options available in the UAE market.
| Platform | Cryptocurrency | Staking rewards in the UAE |
|---|---|---|
| Uphold | POL (ex-MATIC) (POL) | Up to 3.2% APY |
| Bake | POL (ex-MATIC) (POL) | Up to 4.5% APY |
| Binance | POL (ex-MATIC) (POL) | Up to 2.24% APY |
| Bitget | POL (ex-MATIC) (POL) | Up to 4% APY |
We recommend utilizing a staking pool when staking POL. It’s more straightforward and quicker to get started. A staking pool consists of a group of validators who pool their POL, increasing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
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 POL (ex-MATIC) network. For these validations, you will be rewarded with POL.
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.