Introduction
Staking Notcoin is an excellent choice for those looking to hold NOT 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 Notcoin (NOT) Tokens
To stake Notcoin, you first need to acquire it. You can purchase Notcoin from various popular exchanges.
2. Select a Notcoin Wallet
Once you have NOT, you'll need to select a Notcoin wallet to keep your tokens safe. Here are some great options.
Platform Coin Staking benefits Binance Notcoin (NOT) Earn up to 7.9% APY 3. Delegate Your NOT
We suggest using a staking pool for staking NOT. It's easier and quicker to start. A staking pool consists of validators who pool their NOT, 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 Notcoin network. You will be rewarded with NOT 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
Notcoin (NOT) is currently priced at $7.9 with a 24-hour trading volume of $67.83M. The market cap of Notcoin stands at $596.2M, with 102.46B NOT in circulation. For those looking to buy or trade Notcoin, Binance offers avenues to do so securely and efficiently
- Market capitalization
- $596.2M
- 24-hour trading volume
- $67.83M
- 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.
- 102.46B NOT
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