How to Stake Manta Network (MANTA): A Step-by-Step Guide

Introduction

Staking Manta Network can be a great option for those who want to hold MANTA 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 Manta Network (MANTA) Tokens

In order to stake Manta Network, you need to have it. To obtain Manta Network, you'll need to purchase it. You can choose from these popular exchanges.

Platform	Coin	Price
Binance	Manta Network (MANTA)	0.18
BTSE	Manta Network (MANTA)	0.18
Bitget	Manta Network (MANTA)	0.18
MEXC Global	Manta Network (MANTA)	0.18
Kucoin	Manta Network (MANTA)	0.18
Bitmart	Manta Network (MANTA)	0.18

See all 33 prices

2. Choose a Manta Network Wallet
Once you have MANTA, you'll need to choose a Manta Network wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
Bitget Manta Network (MANTA) Up to 20 APY
Bitmart Manta Network (MANTA) Up to 1 APY
RockX Manta Network (MANTA) Up to 70 APY
See all 5 staking rewards
3. Delegate Your MANTA
We recommend using a staking pool when staking MANTA. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their MANTA, 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 Manta Network network. You'll be rewarded with MANTA for these validations.

Platform	Coin	Staking rewards
Bitget	Manta Network (MANTA)	Up to 20 APY
Bitmart	Manta Network (MANTA)	Up to 1 APY
RockX	Manta Network (MANTA)	Up to 70 APY

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

Manta Network (MANTA) is currently priced at $20 with a 24-hour trading volume of $31.72M. The market cap of Manta Network stands at $305.35M, with 385.54M MANTA in circulation. For those looking to buy or trade Manta Network, Bitget offers avenues to do so securely and efficiently}

Market cap: $305.35M
24h volume: $31.72M
Circulating supply: 385.54M MANTA

See latest information

Frequently Asked Questions About Staking Manta Network (MANTA)

What is Manta Network staking?: Manta Network staking involves locking MANTA tokens to support network security and operations. By staking, participants can earn rewards based on their contribution. To optimize your staking rewards, explore the features and tools on Bitcompare, where you can find valuable insights and comparisons for exchanges and rates.
How are Manta Network staking rewards determined?: Manta Network staking rewards are determined by the amount of MANTA you stake, the duration, and the total staked network. Utilize Bitcompare's real-time tools for accurate market insights, and stay informed on the dynamic changes within the cryptocurrency market.
When do I receive MANTA staking rewards?: MANTA staking rewards are usually distributed at the end of each staking period, which can vary by platform. For the latest updates and distribution schedules, visit Bitcompare regularly to remain informed and make well-informed decisions.
What are the risks of staking Manta Network tokens?: Staking MANTA involves market risk and the potential for loss due to price volatility. Stay informed with Bitcompare’s tools for price comparisons and alerts to navigate these risks more effectively and make well-informed choices.
Can I unstake my MANTA tokens anytime?: Unstaking MANTA tokens is possible but may require a waiting period imposed by the staking platform. For the latest information on unstaking conditions, refer to tools like Bitcompare's real-time comparisons and alerts, ensuring you're always informed.
How do I choose the right platform for staking MANTA?: Choosing a platform involves considering fees, reward rates, and security. Bitcompare offers a comprehensive comparison of reputable exchanges and platforms for staking, helping you find the best option for your needs.
Is there a minimum amount required to stake MANTA?: Minimum staking requirements can vary by platform. Check Bitcompare for platform-specific staking terms and conditions, ensuring you have the necessary information to make the best choice for your situation.
Does staking MANTA affect my voting rights?: Staking MANTA may affect your voting rights depending on the platform's governance model. Stay informed on such nuances by using Bitcompare's tools to compare platforms and their features, ensuring you're making informed decisions.