Introduction
Staking Kava can be an excellent option for those who wish to hold KAVA 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 Kava (KAVA) Tokens
To stake Kava, you need to possess it. To obtain Kava, you'll need to purchase it. You can choose from these popular exchanges.
View all 42 pricesPlatform Coin Price Nexo Kava (KAVA) 0.09 Binance Kava (KAVA) 0.09 Coinbase Kava (KAVA) 0.09 Kraken Kava (KAVA) 0.09 Uphold Kava (KAVA) 0.44 BingX Kava (KAVA) 0.09 2. Choose a Kava Wallet
Once you have KAVA, you'll need to choose a Kava wallet to store your tokens. Here are some suitable options.
View all 22 staking rewardsPlatform Coin Staking rewards Atomic Wallet Kava (KAVA) Up to 19% AER Binance Kava (KAVA) Up to 7.1% AER Bitget Kava (KAVA) Up to 5% AER 3. Delegate Your KAVA
We recommend using a staking pool when staking KAVA. It's simpler and quicker to get started. A staking pool is a group of validators who combine their KAVA, 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 Kava network. You will be rewarded with KAVA 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
Kava (KAVA) is currently priced at US$5 with a 24-hour trading volume of US$23.19M. The market cap of Kava stands at US$536.2M, with 1.08B KAVA in circulation. For those looking to buy or trade Kava, Atomic Wallet offers avenues to do so securely and efficiently}
- Market capitalisation
- US$536.2M
- 24-hour volume
- US$23.19M
- Circulating supply
- 1.08B KAVA
