Introduction
Staking STASIS EURO can be an excellent choice for individuals in the UAE looking to hold EURS 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 STASIS EURO (EURS) Tokens
To stake STASIS EURO, you first need to acquire it. To obtain STASIS EURO, you will need to purchase it from one of the popular exchanges available in the UAE.
Platform Cryptocurrency Price YouHodler STASIS EURO (EURS) 1.17 Wirex STASIS EURO (EURS) 1.06 2. Select a STASIS EURO Wallet
Once you have EURS, you'll need to select a STASIS EURO wallet to securely store your tokens. Here are some excellent options available in the UAE market.
3. Delegate Your EURS in the UAE
We recommend utilizing a staking pool when staking EURS. It’s more straightforward and quicker to get started. A staking pool consists of a group of validators who pool their EURS, 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 STASIS EURO network. For these validations, you will be rewarded with EURS.
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
- Market capitalization
- $129.34M
- 24-hour trading volume
- $1.41M
- Circulating supply
- 124.13M EURS
