Introduction
Staking Worldcoin can be a great option for those who want to hold WLD 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 Worldcoin (WLD) tokens
In order to stake Worldcoin, you need to have it. To obtain Worldcoin, you'll need to purchase it. You can choose from these popular exchanges.
See all 11 pricesPlatform Coin Price Nexo Worldcoin (WLD) $2.19 Bitpanda Worldcoin (WLD) $2.2 OKX Worldcoin (WLD) $2.19 Binance Worldcoin (WLD) $2.22 Coinbase Worldcoin (WLD) $6.17 BTSE Worldcoin (WLD) $2.29 2. Choose a Worldcoin wallet
Once you have WLD, you’ll need to choose a Worldcoin wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Bitmart Worldcoin (WLD) Up to 0.5% APY MyCointainer Worldcoin (WLD) Up to 3.09% APY 3. Delegate your WLD
We recommend using a staking pool when staking WLD. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their WLD, 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 Worldcoin network. You’ll be rewarded with WLD 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
Worldcoin (WLD) is currently priced at $3.09 with a 24-hour trading volume of $383.35M. The market cap of Worldcoin stands at 1.28B, with $565.99M WLD in circulation. For those looking to buy or trade Worldcoin, Bitmart offers avenues to do so securely and efficiently.
- Market cap
- $1.28B
- 24h Volume
- $383.35M
- Circulating supply
- $565.99M