Introduction
Staking Dash can be a great option for those who want to hold dash 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 Dash (dash) Tokens
To stake Dash, you need to own it. To get Dash, you'll need to buy it. You can select from these popular exchanges.
See all 40 pricesPlatform Coin Price Uphold Dash (dash) 21.32 YouHodler Dash (dash) 21.29 Kraken Dash (dash) 21.2 Binance Dash (dash) 21.35 Coinbase Dash (dash) 21.27 MEXC Global Dash (dash) 21.21 2. Choose a Dash Wallet
Once you have dash, you’ll need to choose a Dash wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Binance Dash (dash) Up to 3.15 APY MyCointainer Dash (dash) Up to 3.6 APY 3. Delegate Your dash
We recommend using a staking pool when staking dash. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their dash, 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 Dash network. You’ll be rewarded with dash 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
Dash (dash) is currently priced at USD 3.6 with a 24-hour trading volume of USD 36.54M. The market cap of Dash stands at USD 259.23M, with 12.17M dash in circulation. For those looking to buy or trade Dash, Binance offers avenues to do so securely and efficiently
- Market cap
- USD 259.23M
- 24h volume
- USD 36.54M
- Circulating supply
- 12.17M dash