Earn up to
4.48% AER
A comprehensive guide on how to stake Syscoin (SYS) in the UK
We have extensive data on staking Syscoin (SYS) 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.
Syscoin (SYS) is currently priced at US$4.48 with a 24-hour trading volume of US$2.34M. The market cap of Syscoin stands at US$87.8M, with 801.87M SYS in circulation. For those looking to buy or trade Syscoin, MyCointainer offers avenues to do so securely and efficiently
Staking Syscoin can be an excellent option for those who wish to hold SYS 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 Syscoin, you need to possess it. To obtain Syscoin, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| Binance | Syscoin (SYS) | 0.02 |
| BingX | Syscoin (SYS) | 0.02 |
| Bitget | Syscoin (SYS) | 0.02 |
| Bitmart | Syscoin (SYS) | 0.06 |
| Bitpanda | Syscoin (SYS) | 0.13 |
| Bybit | Syscoin (SYS) | 0.02 |
Once you have SYS, you'll need to choose a Syscoin wallet to store your tokens. Here are some suitable options.
| Platform | Coin | Staking rewards |
|---|---|---|
| MyCointainer | Syscoin (SYS) | Up to 4.48% AER |
We recommend using a staking pool when staking SYS. It's simpler and quicker to get started. A staking pool is a group of validators who combine their SYS, 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 Syscoin network. You will be rewarded with SYS 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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