Introduction
Staking Verasity can be an excellent choice for individuals looking to hold VRA 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.
Step-by-Step Guide
1. Acquire Verasity (VRA) Tokens
To stake Verasity, you first need to acquire it. To obtain Verasity, you can purchase it from these well-known exchanges.
View all 27 pricesPlatform Coin Price BTSE Verasity (VRA) 0.000063 APY OKX Verasity (VRA) 0 APY BingX Verasity (VRA) 0.0000637 APY Bitget Verasity (VRA) 0 APY Bitmart Verasity (VRA) 0.000064 APY Bitpanda Verasity (VRA) 0.01 APY 2. Select a Verasity Wallet for Your Needs
Once you have VRA, you'll need to select a Verasity wallet to securely store your tokens. Here are some excellent options to consider.
3. Delegate Your VRA for Enhanced Returns
We recommend utilizing a staking pool when staking VRA. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their VRA, enhancing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.
4. Begin Verification
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 Verasity network. For these validations, you will be rewarded with VRA.
What to Consider in the Chinese Market
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.
Recent Developments
- Market capitalization
- $41.24M
- missing en-cn translation: common.volume-24h
- $12.08M
- Circulating supply in the market
- 9.8B VRA
