Earn up to
4.48% p.a.
A comprehensive guide on how to stake Syscoin (SYS)
We have a wealth of data on staking Syscoin (SYS) and we're pleased to share some of this with you.
We present some staking options with other coins that may be of interest.
Syscoin (SYS) is currently priced at USD 4.48 with a 24-hour trading volume of USD 2.34M. The market cap of Syscoin stands at USD 87.8M, with 801.87M SYS in circulation. For those looking to buy or trade Syscoin, MyCointainer offers avenues to do so securely and efficiently
Staking Syscoin can be a great option for those who want to hold SYS 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 Syscoin, you need to own it. To obtain Syscoin, you'll need to buy it. You can choose from these popular exchanges.
| Platform | Coin | Cost |
|---|---|---|
| Binance | Syscoin (SYS) | 0.02 |
| BingX | Syscoin (SYS) | 0.02 |
| Bitget | Syscoin (SYS) | 0.02 |
| Bitmart | Syscoin (SYS) | 0.06 |
| Bitpanda | Syscoin (SYS) | 0.13 |
| Bybit | Syscoin (SYS) | 0.02 |
Once you have SYS, you'll need to choose a Syscoin wallet to store your tokens. Here are some great options.
| Platform | Coin | Staking returns |
|---|---|---|
| MyCointainer | Syscoin (SYS) | Up to 4.48% p.a. |
We recommend using a staking pool when staking SYS. It's simpler and quicker to get started. A staking pool is a group of validators who combine their SYS, 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 Syscoin network. You'll be rewarded with SYS 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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