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 35 pricesPlatform Coin Price Kraken ARPA (ARPA) 0.03 Binance ARPA (ARPA) 0.03 Coinbase ARPA (ARPA) 0.03 Bitget ARPA (ARPA) 0.03 MEXC Global ARPA (ARPA) 0.03 Kucoin ARPA (ARPA) 0.03 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.
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
- Market cap
- $45.17M
- 24h volume
- $9.73M
- Circulating supply
- 982.17M ARPA