Introduction
Staking Theta Network can be a great choice for those who want to hold THETA but earn yield in a secure way while contributing to the network. The steps can be a little overwhelming, especially the first time you go through them. That’s why we’ve put this guide together for you.
Step-by-step Guide
1. Get Theta Network (THETA) Tokens
To stake Theta Network, you need to have it. To obtain Theta Network, you'll need to purchase it. You can choose from these popular exchanges.
2. Select a Theta Network Wallet
Once you have THETA, you’ll need to choose a Theta Network wallet to store your tokens. Here are some good options.
See all 5 staking rewardsPlatform Loonies Staking rewards Binance Theta Network (THETA) Up to 1.8% annual percentage yield Kucoin Theta Network (THETA) Up to 2% annual percentage yield MyCointainer Theta Network (THETA) Up to 1.5% annual percentage yield 3. Delegate Your THETA
We recommend using a staking pool when staking THETA. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their THETA, 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 Theta Network network. You'll be rewarded with THETA for these validations.
What to be Aware of
There are transaction and staking pool fees you need to consider. There can 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
Theta Network (THETA) is currently priced at US$1.5 with a 24-hour trading volume of US$38.06M. The market cap of Theta Network is currently at US$2.12B, with 1B THETA in circulation. For those interested in buying or trading Theta Network, Binance offers ways to do so securely and efficiently
- Market capitalization
- US$2.12B
- 24h volume
- US$38.06M
- Circulating supply
- 1B THETA