Introduction
Staking Theta Network can be an excellent option for those who wish to hold THETA 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 Theta Network (THETA) Tokens
To stake Theta Network, you need to possess it. To obtain Theta Network, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Theta Network Wallet
Once you have THETA, you'll need to choose a Theta Network wallet to store your tokens. Here are some suitable options.
View all 5 staking rewardsPlatform Coin Staking rewards Binance Theta Network (THETA) Up to 1.43% AER 3. Delegate Your THETA
We recommend using a staking pool when staking THETA. It's simpler and quicker to get started. A staking pool is a group of validators who combine their THETA, 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 Theta Network network. You will be rewarded with THETA 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
Theta Network (THETA) is currently priced at US$1.5 with a 24-hour trading volume of US$38.06M. The market cap of Theta Network stands at US$2.12B, with 1B THETA in circulation. For those looking to buy or trade Theta Network, Binance offers avenues to do so securely and efficiently}
- Market capitalisation
- US$2.12B
- 24-hour volume
- US$38.06M
- Circulating supply
- 1B THETA
