Introduction
Staking Astar can be a great option for those who want to hold ASTR 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 Astar (ASTR) Tokens
To stake Astar, you need to own it. To get Astar, you'll need to buy it. You can select from these popular exchanges.
See all 36 pricesPlatform Coin Price Uphold Astar (ASTR) 0.03 Kraken Astar (ASTR) 0.03 OKX Astar (ASTR) 0.03 Binance Astar (ASTR) 0.03 Bitget Astar (ASTR) 0.03 MEXC Global Astar (ASTR) 0.03 2. Choose a Astar Wallet
Once you have ASTR, you’ll need to choose a Astar wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Binance Astar (ASTR) Up to 7.9 APY MyCointainer Astar (ASTR) Up to 10.05 APY 3. Delegate Your ASTR
We recommend using a staking pool when staking ASTR. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ASTR, 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 Astar network. You’ll be rewarded with ASTR 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
Astar (ASTR) is currently priced at USD 10.05 with a 24-hour trading volume of USD 30.23M. The market cap of Astar stands at USD 446.11M, with 7.48B ASTR in circulation. For those looking to buy or trade Astar, Binance offers avenues to do so securely and efficiently
- Market cap
- USD 446.11M
- 24h volume
- USD 30.23M
- Circulating supply
- 7.48B ASTR