Introduction
Staking Archway is an excellent choice for those looking to hold ARCH 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 Archway (ARCH) Tokens
To stake Archway, you first need to acquire it. You can purchase Archway from various popular exchanges.
View all 4 pricesPlatform Coin Cost CoinEx Archway (ARCH) 0 MEXC Global Archway (ARCH) 0 2. Select a Archway Wallet
Once you have ARCH, you'll need to select a Archway wallet to keep your tokens safe. Here are some great options.
View all 6 staking rewardsPlatform Coin Staking benefits Chainode Tech Archway (ARCH) Earn up to 16% APY Stakely.io Archway (ARCH) Earn up to 3.17% APY Stakin Archway (ARCH) Earn up to 15.03% APY 3. Delegate Your ARCH
We suggest using a staking pool for staking ARCH. It's easier and quicker to start. A staking pool consists of validators who pool their ARCH, 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 Archway network. You will be rewarded with ARCH 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
- $13.39M
- 24-hour trading volume
- $22,456
- 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.
- 556.83M ARCH
