Introduction
Staking Nav Coin can be a great option for those who want to hold NAV 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 Nav Coin (NAV) Tokens
In order to stake Nav Coin, you need to have it. To obtain Nav Coin, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price MEXC Global Nav Coin (NAV) 0.03 2. Choose a Nav Coin Wallet
Once you have NAV, you’ll need to choose a Nav Coin wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards MyCointainer Nav Coin (NAV) Up to 4.10 APY 3. Delegate Your NAV
We recommend using a staking pool when staking NAV. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their NAV, 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 Nav Coin network. You’ll be rewarded with NAV 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
Nav Coin (NAV) is currently priced at $4.10 with a 24-hour trading volume of $56.28K. The market cap of Nav Coin stands at $2.35M, with $77.08M NAV in circulation. For those looking to buy or trade Nav Coin, MyCointainer offers avenues to do so securely and efficiently}
- Market cap
- $2.35M
- 24h volume
- $56.28K
- Circulating supply
- $77.08M