Introduction
Staking The Graph can be an excellent choice for those looking to hold GRT 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 The Graph (GRT) Tokens
To stake The Graph, you first need to acquire it. To obtain The Graph, you'll need to buy it. You can select from these popular exchanges available in South Africa.
View all 70 pricesPlatform Mint Cost Nexo The Graph (GRT) 0,04 PrimeXBT The Graph (GRT) 0,04 YouHodler The Graph (GRT) 0,04 Binance The Graph (GRT) 0,04 BTSE The Graph (GRT) 0,04 Coinbase The Graph (GRT) 0,04 2. Select a The Graph Wallet
Once you have GRT, you'll need to choose a The Graph wallet to store your tokens securely. Here are some solid options to consider.
View all 11 staking rewards availablePlatform Mint Staking rewards in South Africa YouHodler The Graph (GRT) Up to 15% APY Binance The Graph (GRT) Up to 6,2% APY 3. Delegate Your GRT
We recommend using a staking pool when staking GRT. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their GRT, 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 The Graph network. You'll be rewarded with GRT 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
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- Market capitalisation
- US$1,96B
- 24-hour trading volume
- US$84,28M
- Circulating supply
- 9,55B GRT
