Earn up to
81.2% APY in India
An in-depth guide on how to stake Planq (PLQ) in India
We have extensive data on staking Planq (PLQ) 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.
Planq (PLQ) is currently priced at $81.2 with a 24-hour trading volume of $519.56. The market cap of Planq stands at $9,84,777, with 13.31Cr PLQ in circulation. For those looking to buy or trade Planq, MyCointainer offers avenues to do so securely and efficiently}
Staking Planq can be an excellent choice for those looking to hold PLQ 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 Planq, you first need to acquire it. To obtain Planq, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
| Platform | Coin | Cost |
|---|---|---|
| BingX | Planq (PLQ) | 0.01 |
Once you have PLQ, you'll need to choose a Planq wallet to securely store your tokens. Here are some reliable options available in India.
| Platform | Coin | Staking rewards in India |
|---|---|---|
| MyCointainer | Planq (PLQ) | Up to 81.2% APY |
We recommend using a staking pool when staking PLQ. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their PLQ, 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 Planq network. For these validations, you will be rewarded with PLQ.
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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