Introduction
Staking Kava can be a great option for those who want to hold KAVA 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 Kava (KAVA) Tokens
To stake Kava, you need to own it. To get Kava, you'll need to buy it. You can select from these popular exchanges.
See all 41 pricesPlatform Coin Price Nexo Kava (KAVA) 0.41 Uphold Kava (KAVA) 0.4 Kraken Kava (KAVA) 0.4 Binance Kava (KAVA) 0.4 Coinbase Kava (KAVA) 0.4 Bitget Kava (KAVA) 0.4 2. Choose a Kava Wallet
Once you have KAVA, you’ll need to choose a Kava wallet to store your tokens. Here are some good options.
See all 22 staking rewardsPlatform Coin Staking rewards Bitget Kava (KAVA) Up to 5 APY Binance Kava (KAVA) Up to 4.5 APY Kucoin Kava (KAVA) Up to 6 APY MyCointainer Kava (KAVA) Up to 9.1 APY 3. Delegate Your KAVA
We recommend using a staking pool when staking KAVA. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their KAVA, 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 Kava network. You’ll be rewarded with KAVA 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
Kava (KAVA) is currently priced at USD 9.1 with a 24-hour trading volume of USD 23.19M. The market cap of Kava stands at USD 536.2M, with 1.08B KAVA in circulation. For those looking to buy or trade Kava, Bitget offers avenues to do so securely and efficiently
- Market cap
- USD 536.2M
- 24h volume
- USD 23.19M
- Circulating supply
- 1.08B KAVA