Introduction
Staking Aptos can be a great option for those who want to hold APT 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 Aptos (APT) Tokens
In order to stake Aptos, you need to have it. To obtain Aptos, you'll need to purchase it. You can choose from these popular exchanges.
See all 44 pricesPlatform Coin Price Nexo Aptos (APT) 5.17 Uphold Aptos (APT) 5.15 YouHodler Aptos (APT) 5.16 OKX Aptos (APT) 5.16 Binance Aptos (APT) 5.16 BTSE Aptos (APT) 5.16 2. Choose a Aptos Wallet
Once you have APT, you'll need to choose a Aptos wallet to store your tokens. Here are some good options.
See all 17 staking rewardsPlatform Coin Staking rewards Uphold Aptos (APT) Up to 3.75% APY Bitget Aptos (APT) Up to 5.7% APY Binance Aptos (APT) Up to 7.1% APY Bitmart Aptos (APT) Up to 1% APY 3. Delegate Your APT
We recommend using a staking pool when staking APT. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their APT, 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 Aptos network. You'll be rewarded with APT 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
Aptos (APT) is currently priced at $5.7 with a 24-hour trading volume of $394.05M. The market cap of Aptos stands at $4.87B, with 559.14M APT in circulation. For those looking to buy or trade Aptos, Uphold offers avenues to do so securely and efficiently}
- Market cap
- $4.87B
- 24h volume
- $394.05M
- Circulating supply
- 559.14M APT
Frequently Asked Questions About Staking Aptos (APT)
- What are the current staking rewards for Aptos (APT)?
- Staking rewards for Aptos (APT) currently feature a variety of rates, with nine available options. While the average reward rate is not specified, the best rate can be found on Binance. Staking allows APT holders to earn rewards by participating in the network's security and operations. It is important to regularly check platforms like Bitcompare for the latest updates and reward rates, as they can fluctuate based on market conditions and network performance.