Earn up to
1% APY
A comprehensive guide on how to stake Nova Merged wBTC (zkLink) (WBTC)
We have a wealth of information on staking Nova Merged wBTC (zkLink) (WBTC) and we're excited to share some of this with you.
We present some staking options with other cryptocurrencies that may pique your interest.
Nova Merged wBTC (zkLink) (WBTC) is currently priced at US$1 with a 24-hour trading volume of US$1 185,9. For those looking to buy or trade Nova Merged wBTC (zkLink), FMFW.io offers avenues to do so securely and efficiently}
Staking Nova Merged wBTC (zkLink) can be an excellent choice for those looking to hold WBTC 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 Nova Merged wBTC (zkLink), you first need to acquire it. To obtain Nova Merged wBTC (zkLink), you'll need to buy it. You can select from these popular exchanges available in South Africa.
| Platform | Mint | Cost |
|---|---|---|
| Uphold | Nova Merged wBTC (zkLink) (WBTC) | 105 586,08 |
| Blockchain.com | Nova Merged wBTC (zkLink) (WBTC) | 19 154,51 |
| Currency.com | Nova Merged wBTC (zkLink) (WBTC) | 85 217,85 |
| FMFW.io | Nova Merged wBTC (zkLink) (WBTC) | 109 934 |
| Phemex | Nova Merged wBTC (zkLink) (WBTC) | 90 795,33 |
| Probit | Nova Merged wBTC (zkLink) (WBTC) | 107 090 |
Once you have WBTC, you'll need to choose a Nova Merged wBTC (zkLink) wallet to store your tokens securely. Here are some solid options to consider.
| Platform | Mint | Staking rewards in South Africa |
|---|---|---|
| FMFW.io | Nova Merged wBTC (zkLink) (WBTC) | Up to 1% APY |
We recommend using a staking pool when staking WBTC. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their WBTC, 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 Nova Merged wBTC (zkLink) network. You'll be rewarded with WBTC 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.
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