Earn up to
7.1% p.a.
A comprehensive guide on how to stake Moonbeam (GLMR)
We have a wealth of data on staking Moonbeam (GLMR) and we're pleased to share some of this with you.
We present some staking options with other coins that may be of interest.
Moonbeam (GLMR) is currently priced at USD 9.12 with a 24-hour trading volume of USD 7.25M. The market cap of Moonbeam stands at USD 209.74M, with 938.85M GLMR in circulation. For those looking to buy or trade Moonbeam, Binance offers avenues to do so securely and efficiently}
Staking Moonbeam can be a great option for those who want to hold GLMR 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 Moonbeam, you need to own it. To obtain Moonbeam, you'll need to buy it. You can choose from these popular exchanges.
| Platform | Coin | Cost |
|---|---|---|
| Binance | Moonbeam (GLMR) | 0.02 |
| BTSE | Moonbeam (GLMR) | 0.02 |
| Kraken | Moonbeam (GLMR) | 0.02 |
| OKX | Moonbeam (GLMR) | 0.09 |
| Uphold | Moonbeam (GLMR) | 0.08 |
| BingX | Moonbeam (GLMR) | 0.02 |
Once you have GLMR, you'll need to choose a Moonbeam wallet to store your tokens. Here are some great options.
| Platform | Coin | Staking returns |
|---|---|---|
| Binance | Moonbeam (GLMR) | Up to 7.1% % p.a. |
| Bitpanda | Moonbeam (GLMR) | Up to 5% % p.a. |
| BTSE | Moonbeam (GLMR) | Up to 5.1% % p.a. |
We recommend using a staking pool when staking GLMR. It's simpler and quicker to get started. A staking pool is a group of validators who combine their GLMR, 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 Moonbeam network. You'll be rewarded with GLMR 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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