Earn up to
40.46% p.a.
A comprehensive guide on how to stake Medibloc (MED)
We have a wealth of data on staking Medibloc (MED) and we're pleased to share some of this with you.
We present some staking options with other coins that may be of interest.
Medibloc (MED) is currently priced at USD 40.46 with a 24-hour trading volume of USD 23.24M. The market cap of Medibloc stands at USD 117.98M, with 9.54B MED in circulation. For those looking to buy or trade Medibloc, Stakewolle offers avenues to do so securely and efficiently
Staking Medibloc can be a great option for those who want to hold MED 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.
To stake Medibloc, you need to own it. To obtain Medibloc, you'll need to buy it. You can choose from these popular exchanges.
| Platform | Coin | Cost |
|---|---|---|
| Gate.io | Medibloc (MED) | 0 |
Once you have MED, you'll need to choose a Medibloc wallet to store your tokens. Here are some great options.
| Platform | Coin | Staking returns |
|---|---|---|
| Stakewolle | Medibloc (MED) | Up to 40.46% p.a. |
We recommend using a staking pool when staking MED. It's simpler and quicker to get started. A staking pool is a group of validators who combine their MED, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Medibloc network. You'll be rewarded with MED for these validations.
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.
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