Introduction
Staking Archway can be an excellent option for those who wish to hold ARCH while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.
Step-by-Step Guide
1. Obtain Archway (ARCH) Tokens
To stake Archway, you need to possess it. To obtain Archway, you'll need to purchase it. You can choose from these popular exchanges.
View all 4 pricesPlatform Coin Price CoinEx Archway (ARCH) 0.01 MEXC Global Archway (ARCH) 0.01 2. Choose a Archway Wallet
Once you have ARCH, you'll need to choose a Archway wallet to store your tokens. Here are some suitable options.
View all 6 staking rewardsPlatform Coin Staking rewards Chainode Tech Archway (ARCH) Up to 16% AER Stakely.io Archway (ARCH) Up to 3.17% AER Stakin Archway (ARCH) Up to 15.03% AER 3. Delegate Your ARCH
We recommend using a staking pool when staking ARCH. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ARCH, which increases their chances of validating transactions and earning rewards. You can do 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 is confirmed, you will automatically validate transactions on the Archway network. You will be rewarded with ARCH for these validations.
What to Be Aware Of
There are transaction and staking pool fees you need to consider. There may also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
Latest Movements in the UK
Archway (ARCH) is currently priced at US$3.17 with a 24-hour trading volume of US$22,456. The market cap of Archway stands at US$13.39M, with 556.83M ARCH in circulation. For those looking to purchase or trade Archway, Chainode Tech offers avenues to do so securely and efficiently
- Market capitalisation
- US$13.39M
- 24-hour volume
- US$22,456
- Circulating supply
- 556.83M ARCH