Introduction
Staking Manta Network can be an excellent choice for those looking to hold MANTA 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 Manta Network (MANTA) Tokens
To stake Manta Network, you first need to acquire it. To obtain Manta Network, you'll need to buy it. You can select from these popular exchanges available in South Africa.
2. Select a Manta Network Wallet
Once you have MANTA, you'll need to choose a Manta Network wallet to store your tokens securely. Here are some solid options to consider.
View all 5 staking rewards availablePlatform Mint Staking rewards in South Africa Bitget Manta Network (MANTA) Up to 20% APY Bitmart Manta Network (MANTA) Up to 1% APY 3. Delegate Your MANTA
We recommend using a staking pool when staking MANTA. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their MANTA, 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 Manta Network network. You'll be rewarded with MANTA 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
Manta Network (MANTA) is currently priced at US$20 with a 24-hour trading volume of US$31,72M. The market cap of Manta Network stands at US$305,35M, with 385,54M MANTA in circulation. For those looking to buy or trade Manta Network, Bitget offers avenues to do so securely and efficiently
- Market capitalisation
- US$305,35M
- 24-hour trading volume
- US$31,72M
- Circulating supply
- 385,54M MANTA