Introduction
Staking Biswap can be an excellent choice for those looking to hold BSW while earning returns in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.
Step-by-Step Guide for Indian Investors
1. Acquire Biswap (BSW) Tokens in India
To stake Biswap, you first need to acquire it. To obtain Biswap, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
See all 18 ratesPlatform Coin Cost Binance Biswap (BSW) 0.01 BingX Biswap (BSW) 0.02 Bitget Biswap (BSW) 0.02 Bitmart Biswap (BSW) 0.02 Bybit Biswap (BSW) 0.02 CoinEx Biswap (BSW) 0.02 2. Choose a Biswap Wallet in India
Once you have BSW, you'll need to choose a Biswap wallet to securely store your tokens. Here are some reliable options available in India.
Platform Coin Staking rewards in India Binance Biswap (BSW) Up to 0.9% APY 3. Delegate Your BSW in India
We recommend using a staking pool when staking BSW. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their BSW, increasing their chances of validating transactions and earning rewards. You can easily do this through your wallet's interface.
4. Start Validating
You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Biswap network. For these validations, you will be rewarded with BSW.
What to Keep in Mind
When engaging in staking, it's important to factor in transaction fees and staking pool charges. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.
Latest Trends in India
Biswap (BSW) is currently priced at $0.9 with a 24-hour trading volume of $41.93L. The market cap of Biswap stands at $3.34Cr, with 49.9Cr BSW in circulation. For those looking to buy or trade Biswap, Binance offers avenues to do so securely and efficiently
- Market capitalization
- $3.34Cr
- 24-hour trading volume
- $41.93L
- Circulating supply in the market
- 49.9Cr BSW