Introduction
Staking JUNO can be an excellent choice for those looking to hold JUNO 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.
Step-by-Step Guide for Indian Investors
1. Acquire JUNO (JUNO) Tokens in India
To stake JUNO, you first need to acquire it. To obtain JUNO, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
See all 4 ratesPlatform Coin Cost Kraken JUNO (JUNO) 0.04 MEXC Global JUNO (JUNO) 0.07 2. Choose a JUNO Wallet in India
Once you have JUNO, you'll need to choose a JUNO wallet to securely store your tokens. Here are some reliable options available in India.
View all 6 staking rewards available in IndiaPlatform Coin Staking rewards in India Stakely.io JUNO (JUNO) Up to 23.81% APY Stakewolle JUNO (JUNO) Up to 30.57% APY Stakin JUNO (JUNO) Up to 25.57% APY 3. Delegate Your JUNO in India
We recommend using a staking pool when staking JUNO. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their JUNO, increasing their chances of validating transactions and earning rewards. You can easily 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's confirmed, you will automatically validate transactions on the JUNO network. For these validations, you will be rewarded with JUNO.
What to Keep in Mind
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.
Latest Trends in India
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- Market capitalization
- $1.43Cr
- 24-hour trading volume
- $87,352
- Circulating supply in the market
- 7.95Cr JUNO
