Introduction
Staking Biswap can be a great option for those who want to hold BSW 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.
Step-by-Step Guide
1. Obtain Biswap (BSW) Tokens
To stake Biswap, you need to own it. To obtain Biswap, you'll need to buy it. You can choose from these popular exchanges.
See all 18 pricesPlatform Coin Cost Binance Biswap (BSW) 0.01 BingX Biswap (BSW) 0.01 Bitget Biswap (BSW) 0.01 Bitmart Biswap (BSW) 0 Bybit Biswap (BSW) 0.01 CoinEx Biswap (BSW) 0 2. Choose a Biswap Wallet
Once you have BSW, you'll need to choose a Biswap wallet to store your tokens. Here are some great options.
Platform Coin Staking returns Binance Biswap (BSW) Up to 0.9% p.a. 3. Delegate Your BSW
We recommend using a staking pool when staking BSW. It's simpler and quicker to get started. A staking pool is a group of validators who combine their BSW, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
4. Begin Validation
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 Biswap network. You'll be rewarded with BSW for these validations.
What to Be Aware Of
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.
Latest Movements
Biswap (BSW) is currently priced at USD 0.9 with a 24-hour trading volume of USD 4.19M. The market cap of Biswap stands at USD 33.39M, with 498.98M BSW in circulation. For those looking to buy or trade Biswap, Binance offers avenues to do so securely and efficiently
- Market capitalisation
- USD 33.39M
- 24-hour volume
- USD 4.19M
- Circulating supply
- 498.98M BSW
