Introduction
Staking Peercoin can be a great option for those who want to hold PPC 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 Peercoin (PPC) Tokens
In order to stake Peercoin, you need to have it. To obtain Peercoin, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price MEXC Global Peercoin (PPC) 0.44 2. Choose a Peercoin Wallet
Once you have PPC, you’ll need to choose a Peercoin wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards MyCointainer Peercoin (PPC) Up to 3 APY 3. Delegate Your PPC
We recommend using a staking pool when staking PPC. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their PPC, 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 Peercoin network. You’ll be rewarded with PPC 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
Peercoin (PPC) is currently priced at $3 with a 24-hour trading volume of $116,103. The market cap of Peercoin stands at $12,729,113, with $29,249,163.47 PPC in circulation. For those looking to buy or trade Peercoin, MyCointainer offers avenues to do so securely and efficiently}
- Market cap
- $12.73M
- 24h volume
- $116,103
- Circulating supply
- $29.25M
PPC
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