Introduction
Staking Metis can be an excellent option for those who wish to hold METIS 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 Metis (METIS) Tokens
To stake Metis, you need to possess it. To obtain Metis, you'll need to purchase it. You can choose from these popular exchanges.
View all 41 pricesPlatform Coin Price Binance Metis (METIS) 5.03 BTSE Metis (METIS) 5.03 Coinbase Metis (METIS) 5.02 Kraken Metis (METIS) 5.1 OKX Metis (METIS) 17.86 Uphold Metis (METIS) 18.62 2. Choose a Metis Wallet
Once you have METIS, you'll need to choose a Metis wallet to store your tokens. Here are some suitable options.
3. Delegate Your METIS
We recommend using a staking pool when staking METIS. It's simpler and quicker to get started. A staking pool is a group of validators who combine their METIS, 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 Metis network. You will be rewarded with METIS 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
- Market capitalisation
- US$234.23M
- 24-hour volume
- US$12.21M
- Circulating supply
- 6.17M METIS
