Earn up to
10% APY in India
An in-depth guide on how to stake CHEQD Network (CHEQ) in India
We have extensive data on staking CHEQD Network (CHEQ) and we are excited to share some of this information with you.
We present you with various staking options featuring different coins that may pique your interest.
CHEQD Network (CHEQ) is currently priced at $10 with a 24-hour trading volume of $6,50,395. The market cap of CHEQD Network stands at $4.01Cr, with 84.62Cr CHEQ in circulation. For those looking to buy or trade CHEQD Network, MyCointainer offers avenues to do so securely and efficiently}
Staking CHEQD Network can be an excellent choice for those looking to hold CHEQ while earning returns in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.
To stake CHEQD Network, you first need to acquire it. To obtain CHEQD Network, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
Once you have CHEQ, you'll need to choose a CHEQD Network wallet to securely store your tokens. Here are some reliable options available in India.
| Platform | Coin | Staking rewards in India |
|---|---|---|
| MyCointainer | CHEQD Network (CHEQ) | Up to 10% APY |
| Stakewolle | CHEQD Network (CHEQ) | Up to 12.89% APY |
We recommend using a staking pool when staking CHEQ. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their CHEQ, increasing their chances of validating transactions and earning rewards. You can easily do this through your wallet's interface.
You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the CHEQD Network network. For these validations, you will be rewarded with CHEQ.
When engaging in staking, it's important to factor in transaction fees and staking pool charges. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.
CHEQ
ADA
BCH
BNB
BTC
DOGE
ETH
FIGR_HELOC
LINK
SOL
STETH
TRX
USDC
