Introduction
Staking ApeCoin can be a great option for those who want to hold APE but earn yield in a safe way while contributing to the network. The steps can be a bit daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Acquire ApeCoin (APE) Tokens
To stake ApeCoin, you need to own it. To get ApeCoin, you'll need to buy it. You can select from these popular exchanges.
See all 35 pricesPlatform Coin Price Nexo ApeCoin (APE) 0.71 M2 ApeCoin (APE) 0.68 Uphold ApeCoin (APE) 0.75 Bitget ApeCoin (APE) 0.68 Blockchain.com ApeCoin (APE) 2.4 Bitmart ApeCoin (APE) 0.67 2. Choose a ApeCoin Wallet
Once you have APE, you’ll need to choose a ApeCoin wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards MyCointainer ApeCoin (APE) Up to 15.34 APY 3. Delegate Your APE
We recommend using a staking pool when staking APE. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their APE, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
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 ApeCoin network. You’ll be rewarded with APE for these validations.
What to be Aware of
There are transaction and staking pool fees you need to consider. There might also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
Latest Movements
ApeCoin (APE) is currently priced at USD 15 with a 24-hour trading volume of USD 200.09M. The market cap of ApeCoin stands at USD 798.44M, with 721.45M APE in circulation. For those looking to buy or trade ApeCoin, MyCointainer offers avenues to do so securely and efficiently
- Market cap
- USD 798.44M
- 24h volume
- USD 200.09M
- Circulating supply
- 721.45M APE