Introduction
Staking Terra Luna Classic can be a great option for those who want to hold LUNC 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 Terra Luna Classic (LUNC) Tokens
To stake Terra Luna Classic, you need to own it. To get Terra Luna Classic, you'll need to buy it. You can select from these popular exchanges.
See all 14 pricesPlatform Coin Price Uphold Terra Luna Classic (LUNC) 0.0001027 OKX Terra Luna Classic (LUNC) 0.000103 Binance Terra Luna Classic (LUNC) 0.0001028 BTSE Terra Luna Classic (LUNC) 0.0001027 Bitget Terra Luna Classic (LUNC) 0.0001028 Bitmart Terra Luna Classic (LUNC) 0.0001028 2. Choose a Terra Luna Classic Wallet
Once you have LUNC, you’ll need to choose a Terra Luna Classic wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Bitget Terra Luna Classic (LUNC) Up to 8 APY Bitmart Terra Luna Classic (LUNC) Up to 0.3 APY Stakin Terra Luna Classic (LUNC) Up to 13.8 APY 3. Delegate Your LUNC
We recommend using a staking pool when staking LUNC. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their LUNC, 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 Terra Luna Classic network. You’ll be rewarded with LUNC 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
Terra Luna Classic (LUNC) is currently priced at USD 0.3 with a 24-hour trading volume of USD 22.77M. The market cap of Terra Luna Classic stands at USD 563.82M, with USD 5.51T LUNC in circulation. For those looking to buy or trade Terra Luna Classic, Bitget offers avenues to do so securely and efficiently
- Market cap
- USD 563.82M
- 24h volume
- USD 22.77M
- Circulating supply
- USD 5.51T