Introduction
Staking Portal can be a great option for those who want to hold PORTAL 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 Portal (PORTAL) Tokens
In order to stake Portal, you need to have it. To obtain Portal, you'll need to purchase it. You can choose from these popular exchanges.
See all 12 pricesPlatform Coin Price Bitpanda Portal (PORTAL) 0.27 Kraken Portal (PORTAL) 0.27 Binance Portal (PORTAL) 0.26 BTSE Portal (PORTAL) 0.27 BingX Portal (PORTAL) 0.27 Bitmart Portal (PORTAL) 0.27 2. Choose a Portal Wallet
Once you have PORTAL, you’ll need to choose a Portal wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Bitmart Portal (PORTAL) Up to 1.00 APY Binance Portal (PORTAL) Up to 2.90 APY 3. Delegate Your PORTAL
We recommend using a staking pool when staking PORTAL. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their PORTAL, 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 Portal network. You’ll be rewarded with PORTAL 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
Portal (PORTAL) is currently priced at $2.90 with a 24-hour trading volume of $16.17M. The market cap of Portal stands at $44.95M, with $167.13M PORTAL in circulation. For those looking to buy or trade Portal, Bitmart offers avenues to do so securely and efficiently}
- Market cap
- $44.95M
- 24h volume
- $16.17M
- Circulating supply
- $167.13M