Recent Developments
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- Market capitalization
- $31.23B
- missing en-cn translation: common.volume-24h
- $66.75M
- Circulating supply in the market
- 9.63M STETH
Earn as much as
3% APY on your investments.
An in-depth guide on how to stake Lido Staked Ether (STETH) in the Chinese market
We have extensive data on staking Lido Staked Ether (STETH), and we are pleased to share some insights with you.
We present various staking options with different cryptocurrencies that may pique your interest.
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Staking Lido Staked Ether can be an excellent choice for individuals looking to hold STETH while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we have created this comprehensive guide to assist you.
To stake Lido Staked Ether, you first need to acquire it. To obtain Lido Staked Ether, you can purchase it from these well-known exchanges.
| Platform | Coin | Price |
|---|---|---|
| OKX | Lido Staked Ether (STETH) | 2,014.26 APY |
| BingX | Lido Staked Ether (STETH) | 2,946.78 APY |
| Bitget | Lido Staked Ether (STETH) | 2,945.81 APY |
| Gate.io | Lido Staked Ether (STETH) | 2,945.2 APY |
| HTX | Lido Staked Ether (STETH) | 2,897.86 APY |
Once you have STETH, you'll need to select a Lido Staked Ether wallet to securely store your tokens. Here are some excellent options to consider.
| Platform | Coin | Staking returns |
|---|---|---|
| FMFW.io | Lido Staked Ether (STETH) | Up to 3% APY |
| Lido | Lido Staked Ether (STETH) | Up to 2.59% APY |
We recommend utilizing a staking pool when staking STETH. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their STETH, enhancing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.
You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the Lido Staked Ether network. For these validations, you will be rewarded with STETH.
When engaging in transactions and participating in staking pools, it's important to factor in the associated fees. Additionally, there may be a waiting period before you begin to receive rewards. The staking pool must successfully generate blocks, which can require some time to accomplish.