How to Stake Manta Network (MANTA): A Step-by-Step Guide

Introduction

Staking Manta Network can be a great option for those who want to hold MANTA 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 Manta Network (MANTA) Tokens

In order to stake Manta Network, you need to have it. To obtain Manta Network, you'll need to purchase it. You can choose from these popular exchanges.

Platform	Coin	Price
Bitpanda	Manta Network (MANTA)	1.02
Binance	Manta Network (MANTA)	0.85
BTSE	Manta Network (MANTA)	1.03
Bitmart	Manta Network (MANTA)	0.78
MEXC Global	Manta Network (MANTA)	1.03
BingX	Manta Network (MANTA)	1.03

See all 16 prices

2. Choose a Manta Network Wallet
Once you have MANTA, you’ll need to choose a Manta Network wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
Bitmart Manta Network (MANTA) Up to 1 APY
Bitget Manta Network (MANTA) Up to 20 APY
Binance Manta Network (MANTA) Up to 3.9 APY
3. Delegate Your MANTA
We recommend using a staking pool when staking MANTA. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their MANTA, 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 Manta Network network. You’ll be rewarded with MANTA for these validations.

Platform	Coin	Staking rewards
Bitmart	Manta Network (MANTA)	Up to 1 APY
Bitget	Manta Network (MANTA)	Up to 20 APY
Binance	Manta Network (MANTA)	Up to 3.9 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

Manta Network (MANTA) is currently priced at $3.9 with a 24-hour trading volume of $125,331,755. The market cap of Manta Network stands at $393,871,614, with $383,458,790.45 MANTA in circulation. For those looking to buy or trade Manta Network, Bitmart offers avenues to do so securely and efficiently}

Market cap: $393.87M
24h volume: $125.33M
Circulating supply: $383.46M

See latest information

Frequently Asked Questions About Staking Manta Network (MANTA)

What is Manta Network (MANTA) staking?: Manta Network (MANTA) staking involves holding MANTA tokens in a staking wallet to support network operations, earning rewards in return. It’s a way to gain benefits while contributing to network security and efficiency.
How are MANTA staking rewards calculated?: MANTA staking rewards are typically calculated based on the amount of tokens staked and the staking duration. Other network-specific factors may also influence reward rates. Check for real-time comparisons and updates on Bitcompare.
How frequently are staking rewards paid out on Manta Network?: Staking rewards on Manta Network are usually distributed at regular intervals, which varies depending on the network's specific timetable. Stay informed about schedules by visiting tools on Bitcompare.
Can I unstake my MANTA tokens anytime?: Generally, you can unstake MANTA tokens anytime, but bear in mind there might be a lock-up or cooldown period before tokens become fully available. Keep track of any changes through alerts on Bitcompare.
Is there a risk of losing my tokens when staking on Manta Network?: Staking is generally secure but entails some risk, such as potential slashing if the network validators make errors. To minimize risk, use Bitcompare tools for ongoing news and sentiment analysis.
Where can I find the current MANTA staking rates?: You can find up-to-date MANTA staking rates through real-time price comparisons on Bitcompare. Bookmark the page for easy access to all the latest info and updates.
Do I need a specific wallet to stake MANTA?: Yes, you typically need a compatible staking wallet or platform that supports Manta Network. Ensure you use reputable exchanges, referenced through tools like those on Bitcompare, for your safety.
Can I stake MANTA on multiple exchanges?: Staking policies may vary by exchange. It’s possible to stake on several platforms if they support MANTA staking. Verify reputable exchange options using Bitcompare for trustworthy choices.
How can I stay updated on Manta Network staking developments?: To stay ahead in the dynamic market, use Bitcompare tools for real-time alerts, analysis, and news about Manta Network. Regularly check and bookmark the page to remain informed.