Introduction
Staking Metis can be a great option for those who want to hold METIS 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 Metis (METIS) Tokens
To stake Metis, you need to own it. To obtain Metis, you'll need to buy it. You can choose from these popular exchanges.
See all 41 pricesPlatform Coin Cost Binance Metis (METIS) 5.05 BTSE Metis (METIS) 5.05 Coinbase Metis (METIS) 5.05 Kraken Metis (METIS) 5.1 OKX Metis (METIS) 17.86 Uphold Metis (METIS) 18.62 2. Choose a Metis Wallet
Once you have METIS, you'll need to choose a Metis wallet to store your tokens. Here are some great options.
3. Delegate Your METIS
We recommend using a staking pool when staking METIS. It's simpler and quicker to get started. A staking pool is a group of validators who combine their METIS, 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 Metis network. You'll be rewarded with METIS 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
- Market capitalisation
- USDĀ 234.23M
- 24-hour volume
- USDĀ 12.21M
- Circulating supply
- 6.17M METIS
