Introduction
Staking Ankr Network can be a great option for those who want to hold ANKR 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 Guide
1. Obtain Ankr Network (ANKR) Tokens
In order to stake Ankr Network, you need to have it. To obtain Ankr Network, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Ankr Network Wallet
Once you have ANKR, you’ll need to choose a Ankr Network wallet to store your tokens. Here are some good options.
See all 4 staking rewardsPlatform Coin Staking rewards Bitmart Ankr Network (ANKR) Up to 3 APY Binance Ankr Network (ANKR) Up to 4.2 APY 3. Delegate Your ANKR
We recommend using a staking pool when staking ANKR. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ANKR, 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 Ankr Network network. You’ll be rewarded with ANKR 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
Ankr Network (ANKR) is currently priced at $2.8 with a 24-hour trading volume of $29,813,954. The market cap of Ankr Network stands at $332,812,649, with $10,000,000,000 ANKR in circulation. For those looking to buy or trade Ankr Network, Bitmart offers avenues to do so securely and efficiently}
- Market cap
- $332.81M
- 24h volume
- $29.81M
- Circulating supply
- $10B