How to Stake iExec RLC (RLC): A Step-by-Step Guide

Introduction

Staking iExec RLC can be a great option for those who want to hold RLC 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 iExec RLC (RLC) Tokens
In order to stake iExec RLC, you need to have it. To obtain iExec RLC, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Bitpanda iExec RLC (RLC) 1.87
Kraken iExec RLC (RLC) 1.87
Binance iExec RLC (RLC) 1.84
Coinbase iExec RLC (RLC) 1.88
Bitmart iExec RLC (RLC) 1.75
MEXC Global iExec RLC (RLC) 1.88
See all 14 prices
2. Choose a iExec RLC Wallet
Once you have RLC, you’ll need to choose a iExec RLC wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
Bitmart iExec RLC (RLC) Up to 1 APY
3. Delegate Your RLC
We recommend using a staking pool when staking RLC. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their RLC, 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 iExec RLC network. You’ll be rewarded with RLC for these validations.

Platform	Coin	Price
Bitpanda	iExec RLC (RLC)	1.87
Kraken	iExec RLC (RLC)	1.87
Binance	iExec RLC (RLC)	1.84
Coinbase	iExec RLC (RLC)	1.88
Bitmart	iExec RLC (RLC)	1.75
MEXC Global	iExec RLC (RLC)	1.88

Platform	Coin	Staking rewards
Bitmart	iExec RLC (RLC)	Up to 1 APY

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

iExec RLC (RLC) is currently priced at $1 with a 24-hour trading volume of $14,270,396. The market cap of iExec RLC stands at $136,149,195, with $72,382,548.07 RLC in circulation. For those looking to buy or trade iExec RLC, Bitmart offers avenues to do so securely and efficiently}

Market cap: $136.15M
24h volume: $14.27M
Circulating supply: $72.38M

See latest information

Frequently Asked Questions About Staking iExec RLC (RLC)

What is iExec RLC staking?: iExec RLC staking allows holders to earn rewards by locking up their RLC tokens in support of the network's operations. It's a way to participate and benefit from the growth of the iExec ecosystem.
How are staking rewards calculated?: Staking rewards for iExec RLC holders are based on the amount of RLC staked and the duration of staking. The rewards can vary depending on network activity and demand.
What are the risks of staking iExec RLC?: Risks include potential token value fluctuations and technical vulnerabilities. It's crucial to stay updated and use reliable resources like Bitcompare to compare and understand risks effectively.
Where can I stake my iExec RLC tokens?: iExec RLC tokens can be staked on various platforms. It's recommended to use trusted platforms and tools like Bitcompare to compare rates and find reputable exchanges for staking.
How do I stay updated on staking rewards?: Use Bitcompare for real-time comparisons, alerts, sentiment analysis, and iExec RLC news. Bookmark the page and check regularly for the latest updates to make informed decisions.
Can I withdraw my staked RLC at any time?: Withdrawal terms depend on the staking platform. Some might have lock-up periods. Check the specific terms for the platform you're using and consider staying informed through Bitcompare.
Are there any fees associated with iExec RLC staking?: Fees may apply depending on the platform used. It's important to compare platforms using Bitcompare to understand and minimize potential costs involved in staking.