Introduction
Staking Ark can be a great option for those who want to hold ARK 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 Ark (ARK) tokens
In order to stake Ark, you need to have it. To obtain Ark, you'll need to purchase it. You can choose from these popular exchanges.
See all 6 pricesPlatform Coin Price Binance Ark (ARK) $0.3068 Bitmart Ark (ARK) $0.3058 BingX Ark (ARK) $0.3195 MEXC Global Ark (ARK) $0.3066 Bitget Ark (ARK) $0.3193 Crypto.com Ark (ARK) $0.3202 2. Choose a Ark wallet
Once you have ARK, you’ll need to choose a Ark wallet to store your tokens. Here are some good options.
3. Delegate your ARK
We recommend using a staking pool when staking ARK. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ARK, 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 Ark network. You’ll be rewarded with ARK 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
Ark (ARK) is currently priced at $0.3195 with a 24-hour trading volume of $5.86M. In the last 24 hours, Ark has seen an increase of 0.19%. The market cap of Ark stands at 58.16M, with $182.63M ARK in circulation. For those looking to buy or trade Ark, reputable platforms like BingX, Bitget and Crypto.com offer avenues to do so securely and efficiently.
- Market cap
- $58.16M
- 24h Volume
- $5.86M
- Circulating supply
- $182.63M