Earn up to
12% AER
A comprehensive guide on how to stake Picasso (PICA) in the UK
We have extensive data on staking Picasso (PICA) and we are pleased to share some of this with you.
We present you with various staking options featuring other cryptocurrencies that may capture your interest.
Picasso (PICA) is currently priced at US$12 with a 24-hour trading volume of US$101,051. The market cap of Picasso stands at US$2.87M, with 9.15B PICA in circulation. For those looking to buy or trade Picasso, Stakewolle offers avenues to do so securely and efficiently
Staking Picasso can be an excellent option for those who wish to hold PICA 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 Picasso, you need to possess it. To obtain Picasso, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| BingX | Picasso (PICA) | 0.000063 |
| CoinEx | Picasso (PICA) | 0.00001302 |
| Gate.io | Picasso (PICA) | 0.00001404 |
Once you have PICA, you'll need to choose a Picasso wallet to store your tokens. Here are some suitable options.
| Platform | Coin | Staking rewards |
|---|---|---|
| Stakewolle | Picasso (PICA) | Up to 12% AER |
We recommend using a staking pool when staking PICA. It's simpler and quicker to get started. A staking pool is a group of validators who combine their PICA, 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 Picasso network. You will be rewarded with PICA 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.
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