Introduction
Staking Shadow Token can be an excellent choice for those looking to hold SHDW 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 Shadow Token (SHDW) Tokens in India
To stake Shadow Token, you first need to acquire it. To obtain Shadow Token, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
See all 8 ratesPlatform Coin Cost CoinEx Shadow Token (SHDW) 0.04 Crypto.com Shadow Token (SHDW) 0.04 Gate.io Shadow Token (SHDW) 0.04 SwissBorg Shadow Token (SHDW) 0.09 2. Choose a Shadow Token Wallet in India
Once you have SHDW, you'll need to choose a Shadow Token wallet to securely store your tokens. Here are some reliable options available in India.
3. Delegate Your SHDW in India
We recommend using a staking pool when staking SHDW. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their SHDW, 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 Shadow Token network. For these validations, you will be rewarded with SHDW.
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
- Market capitalization
- $7.87Cr
- 24-hour trading volume
- $32.8L
- Circulating supply in the market
- 16.17Cr SHDW
