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Where & how to stake Firo (FIRO)

Earn up to
11.49% APY

Stake with MyCointainer

What you'll learn

  1. 1

    How to stake Firo (FIRO)

    An in-depth guide on how to stake Firo (FIRO)

  2. 2

    Statistics about Firo staking

    We have a lot of data on staking Firo (FIRO) and we share some of this with you.

  3. 3

    Other coins you can stake

    We show you some staking options with other coins that could be of interest.

Introduction

Staking Firo can be a great option for those who want to hold FIRO but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-step

  1. 1. Obtain Firo (FIRO) tokens

    In order to stake Firo, you need to have it. To obtain Firo, you'll need to purchase it. You can choose from these popular exchanges.

  2. 2. Choose a Firo wallet

    Once you have FIRO, you’ll need to choose a Firo wallet to store your tokens. Here are some good options.

    PlatformCoinStaking rewards
    MyCointainerFiro (FIRO)Up to 11.49% APY
  3. 3. Delegate your FIRO

    We recommend using a staking pool when staking FIRO. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their FIRO, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.

  4. 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 Firo network. You’ll be rewarded with FIRO for these validations.

What to be aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.

Latest movements

Firo (FIRO) is currently priced at $11.49 with a 24-hour trading volume of $46.81K. For those looking to buy or trade Firo, MyCointainer offers avenues to do so securely and efficiently.

24h Volume
$46.81K
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