Introduction
Staking EOS can be an excellent option for those who wish to hold EOS 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 EOS (EOS) Tokens
To stake EOS, you need to possess it. To obtain EOS, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a EOS Wallet
Once you have EOS, you'll need to choose a EOS wallet to store your tokens. Here are some suitable options.
View all 9 staking rewardsPlatform Coin Staking rewards YouHodler EOS (EOS) Up to 13% AER Binance EOS (EOS) Up to 7.5% AER 3. Delegate Your EOS
We recommend using a staking pool when staking EOS. It's simpler and quicker to get started. A staking pool is a group of validators who combine their EOS, 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 EOS network. You will be rewarded with EOS 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
EOS (EOS) is currently priced at US$13 with a 24-hour trading volume of US$129.37M. The market cap of EOS stands at US$1.2B, with 1.52B EOS in circulation. For those looking to buy or trade EOS, YouHodler offers avenues to do so securely and efficiently
- Market capitalisation
- US$1.2B
- 24-hour volume
- US$129.37M
- Circulating supply
- 1.52B EOS
