Earn up to
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An in-depth guide on how to stake Binance-Peg Tezos Token (XTZ)
We have a lot of data on staking Binance-Peg Tezos Token (XTZ) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Binance-Peg Tezos Token (XTZ) is currently priced at $0.3 with a 24-hour trading volume of $1,787.15. For those looking to buy or trade Binance-Peg Tezos Token, Kucoin offers avenues to do so securely and efficiently
Staking Binance-Peg Tezos Token can be a great option for those who want to hold XTZ 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 Binance-Peg Tezos Token, you need to have it. To obtain Binance-Peg Tezos Token, you'll need to purchase it. You can choose from these popular exchanges.
Once you have XTZ, you'll need to choose a Binance-Peg Tezos Token wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| Kucoin | Binance-Peg Tezos Token (XTZ) | Up to 0.3% APY |
We recommend using a staking pool when staking XTZ. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their XTZ, 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 Binance-Peg Tezos Token network. You'll be rewarded with XTZ 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.
