Introduction
Staking Ankr Network is an excellent choice for those looking to hold ANKR while earning yield securely and supporting the network. The process may seem overwhelming, especially for first-timers. That's why we've created this guide to help you through it.
Comprehensive Guide
1. Acquire Ankr Network (ANKR) Tokens
To stake Ankr Network, you first need to acquire it. You can purchase Ankr Network from various popular exchanges.
2. Select a Ankr Network Wallet
Once you have ANKR, you'll need to select a Ankr Network wallet to keep your tokens safe. Here are some great options.
View all 5 staking rewardsPlatform Coin Staking benefits Ankr Ankr Network (ANKR) Earn up to 2.51% APY Binance Ankr Network (ANKR) Earn up to 2.19% APY 3. Delegate Your ANKR
We suggest using a staking pool for staking ANKR. It's easier and quicker to start. A staking pool consists of validators who pool their ANKR, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.
4. Begin Validation
You will need to wait for your deposit to be confirmed by your wallet. Once confirmed, you will automatically validate transactions on the Ankr Network network. You will be rewarded with ANKR for these validations.
Key Considerations
Consider the transaction and staking pool fees. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, which can take some time.
Recent Developments
Ankr Network (ANKR) is currently priced at $8.03 with a 24-hour trading volume of $31.42M. The market cap of Ankr Network stands at $357.71M, with 10B ANKR in circulation. For those looking to buy or trade Ankr Network, Ankr offers avenues to do so securely and efficiently
- Market capitalization
- $357.71M
- 24-hour trading volume
- $31.42M
- Circulating supply refers to the total amount of a cryptocurrency or token that is currently available for trading in the market. It excludes tokens that are locked, reserved, or not yet released.
- 10B ANKR