Introduction
Staking Kava can be an excellent choice for those looking to hold KAVA 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 Kava (KAVA) Tokens in India
To stake Kava, you first need to acquire it. To obtain Kava, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
See all 42 ratesPlatform Coin Cost Nexo Kava (KAVA) 0.08 Binance Kava (KAVA) 0.08 Coinbase Kava (KAVA) 0.08 Kraken Kava (KAVA) 0.08 Uphold Kava (KAVA) 0.44 BingX Kava (KAVA) 0.08 2. Choose a Kava Wallet in India
Once you have KAVA, you'll need to choose a Kava wallet to securely store your tokens. Here are some reliable options available in India.
View all 22 staking rewards available in IndiaPlatform Coin Staking rewards in India Atomic Wallet Kava (KAVA) Up to 19% APY Binance Kava (KAVA) Up to 7.1% APY Bitget Kava (KAVA) Up to 5% APY 3. Delegate Your KAVA in India
We recommend using a staking pool when staking KAVA. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their KAVA, 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 Kava network. For these validations, you will be rewarded with KAVA.
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
- $53.62Cr
- 24-hour trading volume
- $2.32Cr
- Circulating supply in the market
- 108.29Cr KAVA
