Introduction
Staking PIVX is an excellent choice for those looking to hold PIVX 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 PIVX (PIVX) Tokens
To stake PIVX, you first need to acquire it. You can purchase PIVX from various popular exchanges.
View all 12 pricesPlatform Coin Cost Binance PIVX (PIVX) 0.12 Bitmart PIVX (PIVX) 0.12 CoinEx PIVX (PIVX) 0.12 Gate.io PIVX (PIVX) 0.16 LBank PIVX (PIVX) 0.34 MEXC Global PIVX (PIVX) 0.12 2. Select a PIVX Wallet
Once you have PIVX, you'll need to select a PIVX wallet to keep your tokens safe. Here are some great options.
Platform Coin Staking benefits MyCointainer PIVX (PIVX) Earn up to 6.5% APY 3. Delegate Your PIVX
We suggest using a staking pool for staking PIVX. It's easier and quicker to start. A staking pool consists of validators who pool their PIVX, 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 PIVX network. You will be rewarded with PIVX 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
- $26.36M
- 24-hour trading volume
- $5M
- 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.
- 89.53M PIVX
