Introduction
Staking Archway can be a great option for those who want to hold ARCH 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 Archway (ARCH) Tokens
In order to stake Archway, you need to have it. To obtain Archway, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price MEXC Global Archway (ARCH) 0.03 Crypto.com Archway (ARCH) 0.03 2. Choose a Archway Wallet
Once you have ARCH, you’ll need to choose a Archway wallet to store your tokens. Here are some good options.
See all 5 staking rewardsPlatform Coin Staking rewards Stakin Archway (ARCH) Up to 15.03 APY Stakewolle Archway (ARCH) Up to 0 APY Chainode Tech Archway (ARCH) Up to 16 APY Stakely.io Archway (ARCH) Up to 16.3 APY stakefish Archway (ARCH) Up to 18.58 APY 3. Delegate Your ARCH
We recommend using a staking pool when staking ARCH. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ARCH, 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 Archway network. You’ll be rewarded with ARCH 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
Archway (ARCH) is currently priced at $16 with a 24-hour trading volume of $45,226. The market cap of Archway stands at $14,048,122, with $538,267,414.27 ARCH in circulation. For those looking to buy or trade Archway, Stakin offers avenues to do so securely and efficiently}
- Market cap
- $14.05M
- 24h volume
- $45,226
- Circulating supply
- $538.27M