Introduction
Staking ApeCoin is an excellent choice for those looking to hold APE 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 ApeCoin (APE) Tokens
To stake ApeCoin, you first need to acquire it. You can purchase ApeCoin from various popular exchanges.
View all 36 pricesPlatform Coin Cost Nexo ApeCoin (APE) 0.21 PrimeXBT ApeCoin (APE) 0.21 Uphold ApeCoin (APE) 0.7 Bake ApeCoin (APE) 0.21 BingX ApeCoin (APE) 0.21 Bitfinex ApeCoin (APE) 0.21 2. Select a ApeCoin Wallet
Once you have APE, you'll need to select a ApeCoin wallet to keep your tokens safe. Here are some great options.
Platform Coin Staking benefits Bitpanda ApeCoin (APE) Earn up to 15% APY 3. Delegate Your APE
We suggest using a staking pool for staking APE. It's easier and quicker to start. A staking pool consists of validators who pool their APE, 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 ApeCoin network. You will be rewarded with APE 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
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- Market capitalization
- $798.44M
- 24-hour trading volume
- $200.09M
- 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.
- 721.45M APE
