Earn up to
3% APY
An in-depth guide on how to stake Lido Staked Ether (STETH)
We have a lot of data on staking Lido Staked Ether (STETH) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Lido Staked Ether (STETH) is currently priced at $3 with a 24-hour trading volume of $66.75M. The market cap of Lido Staked Ether stands at $31.23B, with 9.63M STETH in circulation. For those looking to buy or trade Lido Staked Ether, FMFW.io offers avenues to do so securely and efficiently}
Staking Lido Staked Ether can be a great option for those who want to hold STETH 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.
In order to stake Lido Staked Ether, you need to have it. To obtain Lido Staked Ether, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| OKX | Lido Staked Ether (STETH) | 2,014.26 |
| BingX | Lido Staked Ether (STETH) | 3,001.2 |
| Bitget | Lido Staked Ether (STETH) | 2,994.52 |
| Gate.io | Lido Staked Ether (STETH) | 2,999.4 |
| HTX | Lido Staked Ether (STETH) | 2,941.08 |
Once you have STETH, you'll need to choose a Lido Staked Ether wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| FMFW.io | Lido Staked Ether (STETH) | Up to 3% APY |
| Lido | Lido Staked Ether (STETH) | Up to 2.59% APY |
We recommend using a staking pool when staking STETH. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their STETH, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Lido Staked Ether network. You'll be rewarded with STETH for these validations.
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.
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