Earn up to
9.23% APY
An in-depth guide on how to stake Cudos (CUDOS)
We have a lot of data on staking Cudos (CUDOS) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Cudos (CUDOS) is currently priced at US$6.86 with a 24-hour trading volume of US$1,619.01. The market cap of Cudos stands at US$73.26M, with 7.38B CUDOS in circulation. For those looking to buy or trade Cudos, MyCointainer offers avenues to do so securely and efficiently
Staking Cudos can be a great option for those who want to hold CUDOS but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.
In order to stake Cudos, you need to have it. To obtain Cudos, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| Gate.io | Cudos (CUDOS) | 0.01 |
| Kucoin | Cudos (CUDOS) | 0.01 |
Once you have CUDOS, you'll need to choose a Cudos wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| MyCointainer | Cudos (CUDOS) | Up to 9.23% APY |
| Valid Blocks | Cudos (CUDOS) | Up to 6.86% APY |
We recommend using a staking pool when staking CUDOS. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their CUDOS, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.
You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Cudos network. You'll be rewarded with CUDOS for these validations.
There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
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