Introduction
Staking Qtum can be a great option for those who want to hold QTUM but earn yield in a secure way while contributing to the network. The steps can be a bit overwhelming, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step guide
1. Obtain Qtum (QTUM) Tokens
To stake Qtum, you need to have it. To get Qtum, you'll need to buy it. You can choose from these popular exchanges.
See all 42 pricesPlatform Coin Price Uphold Qtum (QTUM) 2,53 Kraken Qtum (QTUM) 2,05 OKX Qtum (QTUM) 1,89 Binance Qtum (QTUM) 2,05 MEXC Global Qtum (QTUM) 2,05 Bitget Qtum (QTUM) 2,05 2. Choose a Qtum Wallet
Once you have QTUM, you’ll need to choose a Qtum wallet to store your tokens. Here are some lekker options.
Platform Coin Staking rewards MyCointainer Qtum (QTUM) Up to 5,83% APY 3. Delegate Your QTUM
We recommend using a staking pool when staking QTUM. It’s simpler and quicker to get going. A staking pool is a group of validators who combine their QTUM, which gives them a better chance of validating transactions and earning rewards. You can do 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 Qtum network. You'll be rewarded with QTUM for these validations.
What to be Aware of
There are transaction and staking pool fees you need to consider. There might also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this might take some time.
Latest Movements
Qtum (QTUM) is presently priced at US$5,83 with a 24-hour trading volume of US$22,34M. The market cap of Qtum stands at US$329,25M, with 105,47M QTUM in circulation. For those interested in buying or trading Qtum, MyCointainer offers ways to do so safely and efficiently
- Market cap
- US$329,25M
- 24h trading volume
- US$22,34M
- Circulating supply
- 105,47M QTUM