Introduction
Staking Fusion can be a great option for those who want to hold FSN 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 Guide
1. Obtain Fusion (FSN) Tokens
In order to stake Fusion, you need to have it. To obtain Fusion, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price MEXC Global Fusion (FSN) 0.05 Kucoin Fusion (FSN) 0.08 2. Choose a Fusion Wallet
Once you have FSN, you’ll need to choose a Fusion wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards MyCointainer Fusion (FSN) Up to 17.80 APY 3. Delegate Your FSN
We recommend using a staking pool when staking FSN. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their FSN, 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 Fusion network. You’ll be rewarded with FSN 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
Fusion (FSN) is currently priced at $17.80 with a 24-hour trading volume of $97.87K. The market cap of Fusion stands at $3.62M, with $77.16M FSN in circulation. For those looking to buy or trade Fusion, MyCointainer offers avenues to do so securely and efficiently}
- Market cap
- $3.62M
- 24h volume
- $97.87K
- Circulating supply
- $77.16M