Introduction
Staking Blur can be a great option for those who want to hold BLUR 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 Blur (BLUR) tokens
In order to stake Blur, you need to have it. To obtain Blur, you'll need to purchase it. You can choose from these popular exchanges.
See all 18 pricesPlatform Coin Price Bitpanda Blur (BLUR) $0.2142 M2 Blur (BLUR) $0.225 Uphold Blur (BLUR) $0.2234 Kraken Blur (BLUR) $0.2155 OKX Blur (BLUR) $0.2126 Binance Blur (BLUR) $0.2234 2. Choose a Blur wallet
Once you have BLUR, you'll need to choose a Blur wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Bitmart Blur (BLUR) Up to 1% APY 3. Delegate your BLUR
We recommend using a staking pool when staking BLUR. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their BLUR, 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 Blur network. You'll be rewarded with BLUR 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
Blur (BLUR) is currently priced at $1 with a 24-hour trading volume of $82.74M. The market cap of Blur stands at 409.17M, with $1.93B BLUR in circulation. For those looking to buy or trade Blur, Bitmart offers avenues to do so securely and efficiently.
- Market cap
- $409.17M
- 24h Volume
- $82.74M
- Circulating supply
- $1.93B