Introduction
Staking IQ can be a great option for those who want to hold IQ 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. Obtain IQ (IQ) tokens
In order to stake IQ, you need to have it. To obtain IQ, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a IQ wallet
Once you have IQ, you’ll need to choose a IQ wallet to store your tokens. Here are some good options.
3. Delegate your IQ
We recommend using a staking pool when staking IQ. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their IQ, which gives them a higher 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 IQ network. You’ll be rewarded with IQ 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
IQ (IQ) is currently priced at $0.005 with a 24-hour trading volume of $5.29M. In the last 24 hours, IQ has seen an increase of 0.42%. The market cap of IQ stands at 94.10M, with $18.91B IQ in circulation. For those looking to buy or trade IQ, reputable platforms like OKX, BingX and MEXC Global offer avenues to do so securely and efficiently.
- Market cap
- $94.10M
- 24h Volume
- $5.29M
- Circulating supply
- $18.91B
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IQ
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