Introduction
Staking Toncoin can be a great option for those who want to hold TON 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 Toncoin (TON) Tokens
To stake Toncoin, you need to own it. To get Toncoin, you'll need to buy it. You can select from these popular exchanges.
See all 30 pricesPlatform Coin Price PrimeXBT Toncoin (TON) 5.37 M2 Toncoin (TON) 5.37 Uphold Toncoin (TON) 5.37 EarnPark Toncoin (TON) 5.38 Klink Toncoin (TON) 5.38 OKX Toncoin (TON) 5.37 2. Choose a Toncoin Wallet
Once you have TON, you’ll need to choose a Toncoin wallet to store your tokens. Here are some good options.
See all 6 staking rewardsPlatform Coin Staking rewards YouHodler Toncoin (TON) Up to 20 APY Klink Toncoin (TON) Up to 2.56 APY Bitget Toncoin (TON) Up to 4 APY Binance Toncoin (TON) Up to 2.9 APY Bitmart Toncoin (TON) Up to 3 APY 3. Delegate Your TON
We recommend using a staking pool when staking TON. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their TON, 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 Toncoin network. You’ll be rewarded with TON 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
Toncoin (TON) is currently priced at USD 2.9 with a 24-hour trading volume of USD 235.72M. The market cap of Toncoin stands at USD 13.23B, with USD 2.54B TON in circulation. For those looking to buy or trade Toncoin, YouHodler offers avenues to do so securely and efficiently
- Market cap
- USD 13.23B
- 24h volume
- USD 235.72M
- Circulating supply
- USD 2.54B
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