Introduction
Staking Solana can be a great option for those who wish to hold SOL while earning yield in a safe manner and contributing to the network. The steps can be somewhat daunting, especially the first time you do them. That’s why we have put together this guide for you.
Step-by-Step Guide
1. Acquire Solana (SOL) Tokens
To stake Solana, you need to have it. To obtain Solana, you'll need to buy it. You can choose from these popular exchanges.
See all 44 pricesPlatform Coin Price Nexo Solana (SOL) 199.2 PrimeXBT Solana (SOL) 199.13 M2 Solana (SOL) 199.21 Uphold Solana (SOL) 199.21 EarnPark Solana (SOL) 199.82 Klink Solana (SOL) 199.05 2. Select a Solana Wallet
Once you have SOL, you’ll need to choose a Solana wallet to store your tokens. Here are some good options.
See all 21 staking rewardsPlatform Coin Staking rewards Uphold Solana (SOL) Up to 5.5 APY YouHodler Solana (SOL) Up to 13 APY Klink Solana (SOL) Up to 5.76 APY Validator.com Solana (SOL) Up to 9.33 APY Bitmart Solana (SOL) Up to 9 APY 3. Delegate Your SOL
We suggest using a staking pool for staking SOL. It's easier and quicker to get started. A staking pool is a collection of validators who combine their SOL, which increases their odds of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
You'll have to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Solana network. You'll be rewarded with SOL for these validations.
What to Keep in Mind
You need to keep in mind the transaction and staking pool fees. Additionally, there might be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this can take a while.
Latest Movements
Solana (SOL) ka vartamaan daam $5.6 hai aur 24 ghante ka trading volume $441.83Cr hai. Solana ka bazaar poonji $9.55KCr hai, jismein $47.94Cr SOL prachalan mein hai. Jo vyakti Solana kharidna ya vinimay karna chahte hain, unke liye Uphold prastut karta hai
- Market cap
- $9.55KCr
- 24 घंटे का वॉल्यूम
- $441.83Cr
- Circulating supply
- $47.94Cr