Introduction
Staking Blur can be an excellent choice for those looking to hold BLUR 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.
Step-by-Step Guide for South African Investors
1. Acquire Blur (BLUR) Tokens
To stake Blur, you first need to acquire it. To obtain Blur, you'll need to buy it. You can select from these popular exchanges available in South Africa.
View all 55 pricesPlatform Mint Cost PrimeXBT Blur (BLUR) 0,08 Uphold Blur (BLUR) 0,09 Kraken Blur (BLUR) 0,08 OKX Blur (BLUR) 0,08 Binance Blur (BLUR) 0,08 BTSE Blur (BLUR) 0,08 2. Select a Blur Wallet
Once you have BLUR, you'll need to choose a Blur wallet to store your tokens securely. Here are some solid options to consider.
3. Delegate Your BLUR
We recommend using a staking pool when staking BLUR. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their BLUR, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
4. Start Validating
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 Blur network. You'll be rewarded with BLUR for these validations.
What to Keep in Mind
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.
Latest Movements in the Market
- Market capitalisation
- US$481,27M
- 24-hour trading volume
- US$57,76M
- Circulating supply
- 2,13B BLUR