Earn up to
11% APY
A comprehensive guide on how to stake Band Protocol (BAND)
We have a wealth of information on staking Band Protocol (BAND) and we're excited to share some of this with you.
We present some staking options with other cryptocurrencies that may pique your interest.
Band Protocol (BAND) is currently priced at US$11 with a 24-hour trading volume of US$8,04M. The market cap of Band Protocol stands at US$208,08M, with 154,44M BAND in circulation. For those looking to buy or trade Band Protocol, Atomic Wallet offers avenues to do so securely and efficiently}
Staking Band Protocol can be an excellent choice for those looking to hold BAND while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.
To stake Band Protocol, you first need to acquire it. To obtain Band Protocol, you'll need to buy it. You can select from these popular exchanges available in South Africa.
Once you have BAND, you'll need to choose a Band Protocol wallet to store your tokens securely. Here are some solid options to consider.
| Platform | Mint | Staking rewards in South Africa |
|---|---|---|
| Atomic Wallet | Band Protocol (BAND) | Up to 11% APY |
| Binance | Band Protocol (BAND) | Up to 14,4% APY |
| Bitget | Band Protocol (BAND) | Up to 12% APY |
We recommend using a staking pool when staking BAND. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their BAND, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Band Protocol network. You'll be rewarded with BAND for these validations.
There are transaction and staking pool fees you need to take into account. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this process can take some time.
BAND
ADA
BCH
BNB
BTC
DOGE
ETH
FIGR_HELOC
LINK
SOL
STETH
TRX
USDC
