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An in-depth guide on how to stake Arbitrum (ARB)
We have a lot of data on staking Arbitrum (ARB) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Arbitrum (ARB) is currently priced at $0.4 with a 24-hour trading volume of $408.73M. The market cap of Arbitrum stands at $3.15B, with 4.21B ARB in circulation. For those looking to buy or trade Arbitrum, Bitmart offers avenues to do so securely and efficiently
Staking Arbitrum can be a great option for those who want to hold ARB 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.
In order to stake Arbitrum, you need to have it. To obtain Arbitrum, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| Nexo | Arbitrum (ARB) | 0.21 |
| EarnPark | Arbitrum (ARB) | 0.2 |
| YouHodler | Arbitrum (ARB) | 0.2 |
| Binance | Arbitrum (ARB) | 0.2 |
| BTSE | Arbitrum (ARB) | 0.2 |
| Coinbase | Arbitrum (ARB) | 0.2 |
Once you have ARB, you'll need to choose a Arbitrum wallet to store your tokens. Here are some good options.
We recommend using a staking pool when staking ARB. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ARB, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Arbitrum network. You'll be rewarded with ARB for these validations.
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.
