Introduction
Staking Validity can be an excellent option for those who wish to hold VAL 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 Validity (VAL) Tokens
To stake Validity, you need to possess it. To obtain Validity, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price Bitmart Validity (VAL) 0.49 2. Choose a Validity Wallet
Once you have VAL, you'll need to choose a Validity wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards MyCointainer Validity (VAL) Up to 23.6% AER 3. Delegate Your VAL
We recommend using a staking pool when staking VAL. It's simpler and quicker to get started. A staking pool is a group of validators who combine their VAL, 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 Validity network. You will be rewarded with VAL 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
Validity (VAL) is currently priced at US$23.6 with a 24-hour trading volume of US$723,211. The market cap of Validity stands at US$4.6M, with 5.26M VAL in circulation. For those looking to buy or trade Validity, MyCointainer offers avenues to do so securely and efficiently
- Market capitalisation
- US$4.6M
- 24-hour volume
- US$723,211
- Circulating supply
- 5.26M VAL
