Introduction
Staking KI can be a great option for those who want to hold XKI 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 KI (XKI) Tokens
In order to stake KI, you need to have it. To obtain KI, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a KI Wallet
Once you have XKI, you’ll need to choose a KI wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards MyCointainer KI (XKI) Up to 9.10 APY Stakewolle KI (XKI) Up to 13.80 APY 3. Delegate Your XKI
We recommend using a staking pool when staking XKI. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their XKI, 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 KI network. You’ll be rewarded with XKI 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
KI (XKI) is currently priced at $9.10 with a 24-hour trading volume of $241.25. The market cap of KI stands at $2.23M, with $572.24M XKI in circulation. For those looking to buy or trade KI, MyCointainer offers avenues to do so securely and efficiently}
- Market cap
- $2.23M
- 24h volume
- $241.25
- Circulating supply
- $572.24M
