Introduction
Staking Gravity can be an excellent choice for those looking to hold G 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 Gravity (G) Tokens
To stake Gravity, you first need to acquire it. To obtain Gravity, you'll need to buy it. You can select from these popular exchanges available in South Africa.
View all 31 pricesPlatform Mint Cost Uphold Gravity (G) 0,01 Kraken Gravity (G) 0,01 OKX Gravity (G) 0,02 Binance Gravity (G) 0,01 BingX Gravity (G) 0,01 Bitpanda Gravity (G) 0,04 2. Select a Gravity Wallet
Once you have G, you'll need to choose a Gravity wallet to store your tokens securely. Here are some solid options to consider.
Platform Mint Staking rewards in South Africa Binance Gravity (G) Up to 7,9% APY 3. Delegate Your G
We recommend using a staking pool when staking G. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their G, 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 Gravity network. You'll be rewarded with G 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
Gravity (G) is currently priced at US$7,9 with a 24-hour trading volume of US$36,73M. The market cap of Gravity stands at US$224,88M, with 7,23B G in circulation. For those looking to buy or trade Gravity, Binance offers avenues to do so securely and efficiently
- Market capitalisation
- US$224,88M
- 24-hour trading volume
- US$36,73M
- Circulating supply
- 7,23B G