Introduction
Staking Fetch can be a great option for those who want to hold FET 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 Fetch (FET) Tokens
In order to stake Fetch, you need to have it. To obtain Fetch, you'll need to purchase it. You can choose from these popular exchanges.
See all 18 pricesPlatform Coin Price Bitpanda Fetch (FET) 1.30 Uphold Fetch (FET) 1.32 Kraken Fetch (FET) 1.30 OKX Fetch (FET) 1.31 Binance Fetch (FET) 1.31 Coinbase Fetch (FET) 1.31 2. Choose a Fetch Wallet
Once you have FET, you’ll need to choose a Fetch wallet to store your tokens. Here are some good options.
See all 5 staking rewardsPlatform Coin Staking rewards Bitpanda Fetch (FET) Up to 8.00 APY Bitmart Fetch (FET) Up to 1.00 APY Binance Fetch (FET) Up to 5.90 APY MyCointainer Fetch (FET) Up to 7.08 APY 3. Delegate Your FET
We recommend using a staking pool when staking FET. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their FET, 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 Fetch network. You’ll be rewarded with FET 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
Fetch (FET) is currently priced at $8.16 with a 24-hour trading volume of $381.55M. The market cap of Fetch stands at $3.41B, with $2.61B FET in circulation. For those looking to buy or trade Fetch, Bitpanda offers avenues to do so securely and efficiently}
- Market cap
- $3.41B
- 24h volume
- $381.55M
- Circulating supply
- $2.61B