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Where and how to stake Algorand (ALGO)

Earn up to
0.5% pa

Stake karo Bitmart ke saath

What you will learn

  1. 1

    How to Stake Algorand (ALGO)

    A comprehensive guide on how to stake Algorand (ALGO)

  2. 2

    Statistics about Algorand Staking

    We have a lot of information on staking Algorand (ALGO) and we share some of this with you.

  3. 3

    Other coins you can Stake

    We present you with some staking options with other coins that might be of interest.

Introduction

Staking Algorand can be a great option for those who wish to hold ALGO while earning yield in a safe manner and contributing to the network. The steps can be somewhat daunting, especially the first time you do them. That’s why we have put together this guide for you.

Step-by-Step Guide

  1. 1. Acquire Algorand (ALGO) Tokens

    To stake Algorand, you need to have it. To obtain Algorand, you'll need to buy it. You can choose from these popular exchanges.

  2. 2. Select a Algorand Wallet

    Once you have ALGO, you’ll need to choose a Algorand wallet to store your tokens. Here are some good options.

    PlatformCoinStaking rewards
    BitmartAlgorand (ALGO)Up to 0.5 APY
    BinanceAlgorand (ALGO)Up to 1.5 APY
    LedgerAlgorand (ALGO)Up to 10.02 APY
    See all 6 staking rewards
  3. 3. Delegate Your ALGO

    We suggest using a staking pool for staking ALGO. It's easier and quicker to get started. A staking pool is a collection of validators who combine their ALGO, which increases their odds of validating transactions and earning rewards. You can do this through your wallet’s interface.

  4. 4. Start Validating

    You'll have to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Algorand network. You'll be rewarded with ALGO for these validations.

What to Keep in Mind

You need to keep in mind the transaction and staking pool fees. Additionally, there might be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this can take a while.

Latest Movements

Algorand (ALGO) ka vartamaan daam $4.36 hai aur 24 ghante ka trading volume $19.65Cr hai. Algorand ka bazaar poonji $319.52Cr hai, jismein $833.48Cr ALGO prachalan mein hai. Jo vyakti Algorand kharidna ya vinimay karna chahte hain, unke liye Bitmart prastut karta hai

Market cap
$319.52Cr
24 घंटे का वॉल्यूम
$19.65Cr
Circulating supply
$833.48Cr
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