Earn up to
200% APY in India
An in-depth guide on how to stake Nomad (NOM) in India
We have extensive data on staking Nomad (NOM) 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.
Nomad (NOM) is currently priced at $200 with a 24-hour trading volume of $91.62. The market cap of Nomad stands at $14,013.29, with 100Cr NOM in circulation. For those looking to buy or trade Nomad, Stakewolle offers avenues to do so securely and efficiently
Staking Nomad can be an excellent choice for those looking to hold NOM 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 Nomad, you first need to acquire it. To obtain Nomad, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
| Platform | Coin | Cost |
|---|---|---|
| CoinEx | Nomad (NOM) | 0.01 |
| Gate.io | Nomad (NOM) | 0.01 |
| Hotcoin | Nomad (NOM) | 0.01 |
| MEXC Global | Nomad (NOM) | 0.01 |
Once you have NOM, you'll need to choose a Nomad wallet to securely store your tokens. Here are some reliable options available in India.
| Platform | Coin | Staking rewards in India |
|---|---|---|
| Stakewolle | Nomad (NOM) | Up to 200% APY |
We recommend using a staking pool when staking NOM. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their NOM, 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 Nomad network. For these validations, you will be rewarded with NOM.
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.
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