Introduction
Staking Biswap is an excellent choice for those looking to hold BSW 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 Biswap (BSW) Tokens
To stake Biswap, you first need to acquire it. You can purchase Biswap from various popular exchanges.
View all 18 pricesPlatform Coin Cost Binance Biswap (BSW) 0.01 BingX Biswap (BSW) 0.02 Bitget Biswap (BSW) 0.02 Bitmart Biswap (BSW) 0.02 Bybit Biswap (BSW) 0.02 CoinEx Biswap (BSW) 0.02 2. Select a Biswap Wallet
Once you have BSW, you'll need to select a Biswap wallet to keep your tokens safe. Here are some great options.
Platform Coin Staking benefits Binance Biswap (BSW) Earn up to 0.9% APY 3. Delegate Your BSW
We suggest using a staking pool for staking BSW. It's easier and quicker to start. A staking pool consists of validators who pool their BSW, 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 Biswap network. You will be rewarded with BSW 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
Biswap (BSW) is currently priced at $0.9 with a 24-hour trading volume of $4.19M. The market cap of Biswap stands at $33.39M, with 498.98M BSW in circulation. For those looking to buy or trade Biswap, Binance offers avenues to do so securely and efficiently
- Market capitalization
- $33.39M
- 24-hour trading volume
- $4.19M
- 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.
- 498.98M BSW