Earn up to
9.9% p.a.
A comprehensive guide on how to stake AltLayer (ALT)
We have a wealth of data on staking AltLayer (ALT) and we're pleased to share some of this with you.
We present some staking options with other coins that may be of interest.
AltLayer (ALT) is currently priced at USD 8.9 with a 24-hour trading volume of USD 23.39M. The market cap of AltLayer stands at USD 238.87M, with 2.31B ALT in circulation. For those looking to buy or trade AltLayer, Binance offers avenues to do so securely and efficiently
Staking AltLayer can be a great option for those who want to hold ALT while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.
To stake AltLayer, you need to own it. To obtain AltLayer, you'll need to buy it. You can choose from these popular exchanges.
| Platform | Coin | Cost |
|---|---|---|
| PrimeXBT | AltLayer (ALT) | 0.01 |
| Binance | AltLayer (ALT) | 0.01 |
| Coinbase | AltLayer (ALT) | 0.01 |
| Bybit | AltLayer (ALT) | 0.01 |
| Crypto.com | AltLayer (ALT) | 0.01 |
| FMFW.io | AltLayer (ALT) | 0.02 |
Once you have ALT, you'll need to choose a AltLayer wallet to store your tokens. Here are some great options.
| Platform | Coin | Staking returns |
|---|---|---|
| Binance | AltLayer (ALT) | Up to 8.9% p.a. |
We recommend using a staking pool when staking ALT. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ALT, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 AltLayer network. You'll be rewarded with ALT for these validations.
There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.
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