Introduction
Staking ZetaChain can be an excellent choice for individuals looking to hold ZETA 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 ZetaChain (ZETA) Tokens
To stake ZetaChain, you first need to acquire it. To obtain ZetaChain, you can purchase it from these well-known exchanges.
View all 33 pricesPlatform Coin Price PrimeXBT ZetaChain (ZETA) 0.07 APY BTSE ZetaChain (ZETA) 0.07 APY Coinbase ZetaChain (ZETA) 0.07 APY OKX ZetaChain (ZETA) 0.18 APY Uphold ZetaChain (ZETA) 0.23 APY Bitfinex ZetaChain (ZETA) 0.9 APY 2. Select a ZetaChain Wallet for Your Needs
Once you have ZETA, you'll need to select a ZetaChain wallet to securely store your tokens. Here are some excellent options to consider.
View all 4 staking rewards availablePlatform Coin Staking returns Bitpanda ZetaChain (ZETA) Up to 5% APY 3. Delegate Your ZETA for Enhanced Returns
We recommend utilizing a staking pool when staking ZETA. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their ZETA, 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 ZetaChain network. For these validations, you will be rewarded with ZETA.
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
missing en-cn translation: common.latest-movements-copy
- Market capitalization
- $335.32M
- missing en-cn translation: common.volume-24h
- $21.04M
- Circulating supply in the market
- 634.38M ZETA
