Introduction
Staking Jupiter can be an excellent option for those who wish to hold JUP 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 Jupiter (JUP) Tokens
To stake Jupiter, you need to possess it. To obtain Jupiter, you'll need to purchase it. You can choose from these popular exchanges.
View all 29 pricesPlatform Coin Price PrimeXBT Jupiter (JUP) 0.21 Coinbase Jupiter (JUP) 0.21 Kraken Jupiter (JUP) 0.21 Uphold Jupiter (JUP) 0.55 Azbit Jupiter (JUP) 0.21 2. Choose a Jupiter Wallet
Once you have JUP, you'll need to choose a Jupiter wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards YouHodler Jupiter (JUP) Up to 15% AER 3. Delegate Your JUP
We recommend using a staking pool when staking JUP. It's simpler and quicker to get started. A staking pool is a group of validators who combine their JUP, 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 Jupiter network. You will be rewarded with JUP 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
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- Market capitalisation
- US$1.35B
- 24-hour volume
- US$87.86M
- Circulating supply
- 1.69B JUP
