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A comprehensive guide on how to stake Decimal (DEL)
We have extensive data on staking Decimal (DEL) and we are sharing some of this information with you.
We present various staking options with different coins that may pique your interest.
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Staking Decimal is an excellent choice for those looking to hold DEL 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.
To stake Decimal, you first need to acquire it. You can purchase Decimal from various popular exchanges.
| Platform | Coin | Cost |
|---|---|---|
| MEXC Global | Decimal (DEL) | 0.000749 |
Once you have DEL, you'll need to select a Decimal wallet to keep your tokens safe. Here are some great options.
| Platform | Coin | Staking benefits |
|---|---|---|
| MyCointainer | Decimal (DEL) | Earn up to 41.18% APY |
We suggest using a staking pool for staking DEL. It's easier and quicker to start. A staking pool consists of validators who pool their DEL, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.
You will need to wait for your deposit to be confirmed by your wallet. Once confirmed, you will automatically validate transactions on the Decimal network. You will be rewarded with DEL for these validations.
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.
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