Latest Movements in the UK
- Market capitalisation
- US$2.37M
- 24-hour volume
- US$8,236.48
- Circulating supply
- 11.91M MC
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USDCImportant Notice
Staking Merit Circle can be an excellent option for those who wish to hold MC 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.
To stake Merit Circle, you need to possess it. To obtain Merit Circle, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| Binance | Merit Circle (MC) | 0.49 |
| Kraken | Merit Circle (MC) | 0.04 |
| Bitget | Merit Circle (MC) | 0.07 |
| Bitpanda | Merit Circle (MC) | 0.48 |
| Gate.io | Merit Circle (MC) | 0.45 |
Once you have MC, you'll need to choose a Merit Circle wallet to store your tokens. Here are some suitable options.
We recommend using a staking pool when staking MC. It's simpler and quicker to get started. A staking pool is a group of validators who combine their MC, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Merit Circle network. You will be rewarded with MC for these validations.
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.
