Introduction
Staking Neon can be a great option for those who want to hold NEON 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 Neon (NEON) Tokens
In order to stake Neon, you need to have it. To obtain Neon, you'll need to purchase it. You can choose from these popular exchanges.
See all 8 pricesPlatform Coin Price Coinbase Neon (NEON) 0.36 Bitmart Neon (NEON) 0.36 BingX Neon (NEON) 0.36 Kucoin Neon (NEON) 0.36 Bybit Neon (NEON) 0.36 Gate.io Neon (NEON) 0.36 2. Choose a Neon Wallet
Once you have NEON, you’ll need to choose a Neon wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Everstake Neon (NEON) Up to 0 APY 3. Delegate Your NEON
We recommend using a staking pool when staking NEON. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their NEON, 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 Neon network. You’ll be rewarded with NEON 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
Neon (NEON) is currently priced at 0 with a 24-hour trading volume of $1,869,829. The market cap of Neon stands at $42,928,825, with $120,006,983.33 NEON in circulation. For those looking to buy or trade Neon, Everstake offers avenues to do so securely and efficiently}
- Market cap
- $42.93M
- 24h volume
- $1.87M
- Circulating supply
- $120.01M
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