Introduction
Staking PIVX can be a great option for those who want to hold PIVX 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 PIVX (PIVX) Tokens
To stake PIVX, you need to own it. To get PIVX, you'll need to buy it. You can select from these popular exchanges.
See all 12 pricesPlatform Coin Price Binance PIVX (PIVX) 0.12 MEXC Global PIVX (PIVX) 0.12 Bitmart PIVX (PIVX) 0.12 Gate.io PIVX (PIVX) 0.16 CoinEx PIVX (PIVX) 0.12 LBank PIVX (PIVX) 0.34 2. Choose a PIVX Wallet
Once you have PIVX, you’ll need to choose a PIVX wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards MyCointainer PIVX (PIVX) Up to 6.5 APY 3. Delegate Your PIVX
We recommend using a staking pool when staking PIVX. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their PIVX, 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 PIVX network. You’ll be rewarded with PIVX 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
PIVX (PIVX) is currently priced at USD 6.5 with a 24-hour trading volume of USD 5M. The market cap of PIVX stands at USD 26.36M, with 89.53M PIVX in circulation. For those looking to buy or trade PIVX, MyCointainer offers avenues to do so securely and efficiently
- Market cap
- USD 26.36M
- 24h volume
- USD 5M
- Circulating supply
- 89.53M PIVX