How to Stake ZetaChain (ZETA): A Step-by-Step Guide

Introduction

Staking ZetaChain can be a great option for those who want to hold ZETA 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 ZetaChain (ZETA) Tokens
In order to stake ZetaChain, you need to have it. To obtain ZetaChain, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
OKX ZetaChain (ZETA) 0.57
BTSE ZetaChain (ZETA) 0.57
Coinbase ZetaChain (ZETA) 0.57
Kucoin ZetaChain (ZETA) 0.57
Gate.io ZetaChain (ZETA) 0.57
See all 15 prices
2. Choose a ZetaChain Wallet
Once you have ZETA, you’ll need to choose a ZetaChain wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
Stakin ZetaChain (ZETA) Up to 6.1 APY
Bitpanda ZetaChain (ZETA) Up to 5 APY
3. Delegate Your ZETA
We recommend using a staking pool when staking ZETA. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ZETA, 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 ZetaChain network. You’ll be rewarded with ZETA for these validations.

Platform	Coin	Price
OKX	ZetaChain (ZETA)	0.57
BTSE	ZetaChain (ZETA)	0.57
Coinbase	ZetaChain (ZETA)	0.57
Kucoin	ZetaChain (ZETA)	0.57
Gate.io	ZetaChain (ZETA)	0.57

Platform	Coin	Staking rewards
Stakin	ZetaChain (ZETA)	Up to 6.1 APY
Bitpanda	ZetaChain (ZETA)	Up to 5 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

ZetaChain (ZETA) is currently priced at $6.1 with a 24-hour trading volume of $32M. The market cap of ZetaChain stands at $328.9M, with $576.11M ZETA in circulation. For those looking to buy or trade ZetaChain, Stakin offers avenues to do so securely and efficiently}

Market cap: $328.9M
24h volume: $32M
Circulating supply: $576.11M

See latest information

Frequently Asked Questions About Staking ZetaChain (ZETA)

What are ZetaChain staking rewards?: ZetaChain staking rewards are incentives given to users for participating in the network by holding and staking ZETA tokens. These rewards encourage decentralization and help secure the network.
How often are ZetaChain staking rewards distributed?: Staking rewards are typically distributed at regular intervals. The precise time frame may vary depending on network protocols. Stay updated with the latest distribution schedules on Bitcompare.
What factors influence the amount of staking rewards one can earn?: Factors include the amount of ZETA staked, the duration of staking, network participation levels, and current market conditions. Use Bitcompare's sentiment analysis tools to gauge potential rewards.
Is there a minimum amount of ZETA required to start staking?: Staking may have a minimum requirement which can change per network updates. Check Bitcompare for details on current staking thresholds and to compare rates across exchanges.
Can I stake ZETA through any exchange?: While many exchanges support ZETA staking, availability varies. Bitcompare provides real-time comparisons of platforms offering ZETA staking, helping you select the best option.
Are there risks associated with ZetaChain staking?: All staking involves risks such as market volatility and network changes. Stay informed by reading the latest news on Bitcompare, which offers insights and sentiment analysis on ZetaChain.
How can I stay informed about my ZetaChain staking rewards?: Bookmark this page on Bitcompare for real-time price comparisons, news updates, and email alerts. Regularly checking the page enables you to make informed staking decisions.
How do network upgrades affect my staking rewards?: Network upgrades can impact staking rewards through changes in protocol. It's essential to stay updated with Bitcompare's latest news and analysis to understand any potential implications.
Can I optimize my staking reward strategy with market data?: Yes, analyzing market data such as trends and sentiment on Bitcompare can help you optimize your strategy. Regular updates ensure you are informed of potential changes and opportunities.