Introduction
Staking Highstreet can be an excellent choice for those looking to hold HIGH 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've created this guide to assist you.
Step-by-Step Anleitung
1. Acquire Highstreet (HIGH) Tokens
To stake Highstreet, you first need to acquire it. To obtain Highstreet, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.
View all 7 pricesPlattform Kryptowährung Price PrimeXBT Highstreet (HIGH) 0,23 APY Binance Highstreet (HIGH) 0,23 APY Crypto.com Highstreet (HIGH) 0,36 APY LBank Highstreet (HIGH) 0,23 APY 2. Select a Highstreet Wallet
Once you have HIGH, you'll need to select a Highstreet wallet to securely store your tokens. Here are some solid options to consider.
3. Delegate Your HIGH
We recommend using a staking pool when staking HIGH. It's simpler and faster to get started. A staking pool is a collective of validators who pool their HIGH, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
4. Start Validating
You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Highstreet network. For these validations, you will be rewarded with HIGH.
What to Consider
There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.
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