Introduction
Staking Jupiter can be a great option for those who want to hold JUP 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 Jupiter (JUP) Tokens
In order to stake Jupiter, you need to have it. To obtain Jupiter, you'll need to purchase it. You can choose from these popular exchanges.
See all 12 pricesPlatform Coin Price M2 Jupiter (JUP) 0.84 Uphold Jupiter (JUP) 0.84 Kraken Jupiter (JUP) 0.84 Bitmart Jupiter (JUP) 0.84 Bitget Jupiter (JUP) 0.85 2. Choose a Jupiter Wallet
Once you have JUP, you’ll need to choose a Jupiter wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards YouHodler Jupiter (JUP) Up to 15 APY 3. Delegate Your JUP
We recommend using a staking pool when staking JUP. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their JUP, 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 Jupiter network. You’ll be rewarded with JUP 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
Jupiter (JUP) is currently priced at $15 with a 24-hour trading volume of $77.43M. The market cap of Jupiter stands at $1.14B, with $1.35B JUP in circulation. For those looking to buy or trade Jupiter, YouHodler offers avenues to do so securely and efficiently}
- Market cap
- $1.14B
- 24h volume
- $77.43M
- Circulating supply
- $1.35B