Earn up to
10.58% APY
An in-depth guide on how to stake Covalent Query Token (CQT)
We have a lot of data on staking Covalent Query Token (CQT) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Covalent Query Token (CQT) is currently priced at $10.58 with a 24-hour trading volume of $19,417.59. The market cap of Covalent Query Token stands at $3.06M, with 856.18M CQT in circulation. For those looking to buy or trade Covalent Query Token, Stakely.io offers avenues to do so securely and efficiently}
Staking Covalent Query Token can be a great option for those who want to hold CQT 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 Covalent Query Token, you need to have it. To obtain Covalent Query Token, you'll need to purchase it. You can choose from these popular exchanges.
Once you have CQT, you'll need to choose a Covalent Query Token wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| Stakely.io | Covalent Query Token (CQT) | Up to 10.58% APY |
We recommend using a staking pool when staking CQT. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their CQT, 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 Covalent Query Token network. You'll be rewarded with CQT 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.
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