Introduction
Staking Navio can be an excellent option for those who wish to hold NAV 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 Navio (NAV) Tokens
To stake Navio, you need to possess it. To obtain Navio, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price MEXC Global Navio (NAV) 0.05 2. Choose a Navio Wallet
Once you have NAV, you'll need to choose a Navio wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards MyCointainer Navio (NAV) Up to 4.1% AER 3. Delegate Your NAV
We recommend using a staking pool when staking NAV. It's simpler and quicker to get started. A staking pool is a group of validators who combine their NAV, 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 Navio network. You will be rewarded with NAV 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
Navio (NAV) is currently priced at US$4.1 with a 24-hour trading volume of US$25,531. The market cap of Navio stands at US$3.07M, with 77.08M NAV in circulation. For those looking to purchase or trade Navio, MyCointainer offers avenues to do so securely and efficiently
- Market capitalisation
- US$3.07M
- 24-hour volume
- US$25,531
- Circulating supply
- 77.08M NAV
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