Introduction
Staking Casper Network can be a great option for those who want to hold CSPR 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 Casper Network (CSPR) Tokens
To stake Casper Network, you need to own it. To get Casper Network, you'll need to buy it. You can select from these popular exchanges.
2. Choose a Casper Network Wallet
Once you have CSPR, you’ll need to choose a Casper Network wallet to store your tokens. Here are some good options.
See all 6 staking rewardsPlatform Coin Staking rewards Uphold Casper Network (CSPR) Up to 9.93 APY Everstake Casper Network (CSPR) Up to 13.55 APY 3. Delegate Your CSPR
We recommend using a staking pool when staking CSPR. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their CSPR, 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 Casper Network network. You’ll be rewarded with CSPR 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
Casper Network (CSPR) is currently priced at USD 9.93 with a 24-hour trading volume of USD 8.75M. The market cap of Casper Network stands at USD 189.16M, with 12.75B CSPR in circulation. For those looking to buy or trade Casper Network, Uphold offers avenues to do so securely and efficiently
- Market cap
- USD 189.16M
- 24h volume
- USD 8.75M
- Circulating supply
- 12.75B CSPR