Introduction
Staking Biswap can be an excellent option for those who wish to hold BSW 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 Biswap (BSW) Tokens
To stake Biswap, you need to possess it. To obtain Biswap, you'll need to purchase it. You can choose from these popular exchanges.
View all 18 pricesPlatform Coin Price Binance Biswap (BSW) 0.01 BingX Biswap (BSW) 0.02 Bitget Biswap (BSW) 0.02 Bitmart Biswap (BSW) 0.02 Bybit Biswap (BSW) 0.02 CoinEx Biswap (BSW) 0.02 2. Choose a Biswap Wallet
Once you have BSW, you'll need to choose a Biswap wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards Binance Biswap (BSW) Up to 0.9% AER 3. Delegate Your BSW
We recommend using a staking pool when staking BSW. It's simpler and quicker to get started. A staking pool is a group of validators who combine their BSW, 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 Biswap network. You will be rewarded with BSW 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
Biswap (BSW) is currently priced at US$0.9 with a 24-hour trading volume of US$4.19M. The market cap of Biswap stands at US$33.39M, with 498.98M BSW in circulation. For those looking to purchase or trade Biswap, Binance offers avenues to do so securely and efficiently
- Market capitalisation
- US$33.39M
- 24-hour volume
- US$4.19M
- Circulating supply
- 498.98M BSW