Introduction
Staking Gemie can be a great option for those who want to hold gem 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 Gemie (gem) Tokens
In order to stake Gemie, you need to have it. To obtain Gemie, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Gemie Wallet
Once you have gem, you’ll need to choose a Gemie wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards MyCointainer Gemie (gem) Up to 10.74 APY 3. Delegate Your gem
We recommend using a staking pool when staking gem. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their gem, 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 Gemie network. You’ll be rewarded with gem 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
Gemie (gem) is currently priced at $10.74 with a 24-hour trading volume of $1,288.23. The market cap of Gemie stands at $150,157, with $650,201,388.62 gem in circulation. For those looking to buy or trade Gemie, MyCointainer offers avenues to do so securely and efficiently}
- Market cap
- $150,157
- 24h volume
- $1,288.23
- Circulating supply
- $650.2M
