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How to Stake The Sandbox (SAND)

Earn up to
7% APY on your investments.

What you'll learn

  1. 1

    How to Stake The Sandbox (SAND) in Germany

    An in-depth guide on how to stake The Sandbox (SAND) in Germany

  2. 2

    Statistics regarding The Sandbox Staking in Germany

    We have extensive data on staking The Sandbox (SAND) and we are pleased to share some of this information with you.

  3. 3

    Additional cryptocurrencies available for staking

    We present you with various staking options featuring different coins that may pique your interest.

Introduction

Staking The Sandbox can be an excellent choice for those looking to hold SAND 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. 1. Acquire The Sandbox (SAND) Tokens

    To stake The Sandbox, you first need to acquire it. To obtain The Sandbox, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

  2. 2. Select a The Sandbox Wallet

    Once you have SAND, you'll need to select a The Sandbox wallet to securely store your tokens. Here are some solid options to consider.

    PlattformKryptowährungStaking rewards
    YouHodlerThe Sandbox (SAND)Up to 7 % APY
    Discover all 6 staking rewards available
  3. 3. Delegate Your SAND

    We recommend using a staking pool when staking SAND. It's simpler and faster to get started. A staking pool is a collective of validators who pool their SAND, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

  4. 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 The Sandbox network. For these validations, you will be rewarded with SAND.

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.

Recent Developments

The Sandbox (SAND) is currently priced at US$7 with a 24-hour trading volume of US$213.44M. The market cap of The Sandbox stands at US$1.41B, with 2,45B SAND in circulation. For those looking to buy or trade The Sandbox, YouHodler offers avenues to do so securely and efficiently

Market capitalization
US$1.41B
24h Handelsvolumen
US$213.44M
Circulating supply
2,45B SAND
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