Introduction
Staking ZKsync can be an excellent choice for those looking to hold ZK 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 ZKsync (ZK) Tokens in India
To stake ZKsync, you first need to acquire it. To obtain ZKsync, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
See all 41 ratesPlatform Coin Cost BTSE ZKsync (ZK) 0.06 Coinbase ZKsync (ZK) 0.06 Kraken ZKsync (ZK) 0.06 OKX ZKsync (ZK) 0.06 Bake ZKsync (ZK) 0.06 BingX ZKsync (ZK) 0.06 2. Choose a ZKsync Wallet in India
Once you have ZK, you'll need to choose a ZKsync wallet to securely store your tokens. Here are some reliable options available in India.
Platform Coin Staking rewards in India Bitmart ZKsync (ZK) Up to 1% APY 3. Delegate Your ZK in India
We recommend using a staking pool when staking ZK. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their ZK, 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 ZKsync network. For these validations, you will be rewarded with ZK.
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
ZKsync (ZK) is currently priced at $1 with a 24-hour trading volume of $11.59Cr. The market cap of ZKsync stands at $65.73Cr, with 367.5Cr ZK in circulation. For those looking to buy or trade ZKsync, Bitmart offers avenues to do so securely and efficiently
- Market capitalization
- $65.73Cr
- 24-hour trading volume
- $11.59Cr
- Circulating supply in the market
- 367.5Cr ZK