Introduction
Staking Amp can be an excellent choice for those looking to hold AMP while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.
Step-by-Step Guide for Spain 1
1. Acquire Amp (AMP) Tokens
To stake Amp, you first need to acquire it. To obtain Amp, you'll have to buy it. You can select from these well-known exchanges.
2. Select a Amp Wallet
Once you have AMP, you'll need to choose a Amp wallet to securely store your tokens. Here are some solid options to consider.
3. Delegate Your AMP
We recommend using a staking pool when staking AMP. It's simpler and faster to get started. A staking pool is a group of validators who combine their AMP, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
4. Start Validating
You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Amp network. You'll be rewarded with AMP for these validations.
What to Keep in Mind
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 will need to generate blocks, and this process can take some time.
Latest Movements in the Market
Amp (AMP) is currently priced at US$6.81 with a 24-hour trading volume of US$11.24M. The market cap of Amp stands at US$569.27M, with 84,23B AMP in circulation. For those looking to buy or trade Amp, MyCointainer offers avenues to do so securely and efficiently
- Capitalización de mercado
- US$569.27M
- volumen en 24 horas
- US$11.24M
- Oferta circulante
- 84,23B AMP
