Earn up to
12% APY in India
An in-depth guide on how to stake NEAR Protocol (NEAR) in India
We have extensive data on staking NEAR Protocol (NEAR) 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.
NEAR Protocol (NEAR) is currently priced at $9.92 with a 24-hour trading volume of $32.47Cr. The market cap of NEAR Protocol stands at $589.09Cr, with 116.95Cr NEAR in circulation. For those looking to buy or trade NEAR Protocol, YouHodler offers avenues to do so securely and efficiently
Staking NEAR Protocol can be an excellent choice for those looking to hold NEAR 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 NEAR Protocol, you first need to acquire it. To obtain NEAR Protocol, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
Once you have NEAR, you'll need to choose a NEAR Protocol wallet to securely store your tokens. Here are some reliable options available in India.
| Platform | Coin | Staking rewards in India |
|---|---|---|
| YouHodler | NEAR Protocol (NEAR) | Up to 12% APY |
| Uphold | NEAR Protocol (NEAR) | Up to 7.75% APY |
| Atomic Wallet | NEAR Protocol (NEAR) | Up to 11% APY |
| Bake | NEAR Protocol (NEAR) | Up to 6.5% APY |
| Binance | NEAR Protocol (NEAR) | Up to 3.8% APY |
We recommend using a staking pool when staking NEAR. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their NEAR, 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 NEAR Protocol network. For these validations, you will be rewarded with NEAR.
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.
NEAR
ADA
BCH
BNB
BTC
DOGE
ETH
FIGR_HELOC
LINK
SOL
STETH
TRX
USDC
