Introduction
Staking ARPA can be a great option for those who want to hold ARPA 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.
Step-by-Step Guide
1. Obtain ARPA (ARPA) Tokens
In order to stake ARPA, you need to have it. To obtain ARPA, you'll need to purchase it. You can choose from these popular exchanges.
See all 13 pricesPlatform Coin Price Bitpanda ARPA (ARPA) 0.04 Kraken ARPA (ARPA) 0.04 Binance ARPA (ARPA) 0.04 Coinbase ARPA (ARPA) 0.04 Bitmart ARPA (ARPA) 0.04 MEXC Global ARPA (ARPA) 0.04 2. Choose a ARPA Wallet
Once you have ARPA, you’ll need to choose a ARPA wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Bitmart ARPA (ARPA) Up to 1.00 APY 3. Delegate Your ARPA
We recommend using a staking pool when staking ARPA. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ARPA, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
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 ARPA network. You’ll be rewarded with ARPA for these validations.
What to be Aware of
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.
Latest Movements
ARPA (ARPA) is currently priced at $1.00 with a 24-hour trading volume of $7.53M. The market cap of ARPA stands at $39.20M, with $982.17M ARPA in circulation. For those looking to buy or trade ARPA, Bitmart offers avenues to do so securely and efficiently}
- Market cap
- $39.20M
- 24h volume
- $7.53M
- Circulating supply
- $982.17M