Introduction
Staking ARPA can be an excellent option for those who wish to hold ARPA 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 ARPA (ARPA) Tokens
To stake ARPA, you need to possess it. To obtain ARPA, you'll need to purchase it. You can choose from these popular exchanges.
View all 35 pricesPlatform Coin Price Binance ARPA (ARPA) 0.01 Coinbase ARPA (ARPA) 0.01 Kraken ARPA (ARPA) 0.01 BingX ARPA (ARPA) 0.01 Bitget ARPA (ARPA) 0.01 Bitmart ARPA (ARPA) 0.02 2. Choose a ARPA Wallet
Once you have ARPA, you'll need to choose a ARPA wallet to store your tokens. Here are some suitable options.
3. Delegate Your ARPA
We recommend using a staking pool when staking ARPA. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ARPA, 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 ARPA network. You will be rewarded with ARPA 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
- Market capitalisation
- US$45.17M
- 24-hour volume
- US$9.73M
- Circulating supply
- 982.17M ARPA
