Earn up to
18,9% APY
A comprehensive guide on how to stake Self Chain (SLF)
We have a wealth of information on staking Self Chain (SLF) and we're excited to share some of this with you.
We present some staking options with other cryptocurrencies that may pique your interest.
Self Chain (SLF) is currently priced at US$18,9 with a 24-hour trading volume of US$6,08M. The market cap of Self Chain stands at US$26,79M, with 97M SLF in circulation. For those looking to buy or trade Self Chain, Binance offers avenues to do so securely and efficiently
Staking Self Chain can be an excellent choice for those looking to hold SLF 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 Self Chain, you first need to acquire it. To obtain Self Chain, you'll need to buy it. You can select from these popular exchanges available in South Africa.
| Platform | Mint | Cost |
|---|---|---|
| Binance | Self Chain (SLF) | 0,02 |
| BTSE | Self Chain (SLF) | 0,08 |
| BingX | Self Chain (SLF) | 0,06 |
| Bitget | Self Chain (SLF) | 0,05 |
| Bitmart | Self Chain (SLF) | 0,000765 |
| Bitpanda | Self Chain (SLF) | 0,47 |
Once you have SLF, you'll need to choose a Self Chain wallet to store your tokens securely. Here are some solid options to consider.
| Platform | Mint | Staking rewards in South Africa |
|---|---|---|
| Binance | Self Chain (SLF) | Up to 18,9% APY |
We recommend using a staking pool when staking SLF. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their SLF, 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 Self Chain network. You'll be rewarded with SLF 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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