Introduction
Staking Persistence One can be an excellent choice for individuals in the UAE looking to hold XPRT while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That’s why we’ve created this guide to assist you.
Step-by-Step Guide for UAE Residents
1. Acquire Persistence One (XPRT) Tokens
To stake Persistence One, you first need to acquire it. To obtain Persistence One, you will need to purchase it from one of the popular exchanges available in the UAE.
View all 8 pricesPlatform Cryptocurrency Price CoinEx Persistence One (XPRT) 0.04 Gate.io Persistence One (XPRT) 0.04 HTX Persistence One (XPRT) 0.04 Kucoin Persistence One (XPRT) 0.04 2. Select a Persistence One Wallet
Once you have XPRT, you'll need to select a Persistence One wallet to securely store your tokens. Here are some excellent options available in the UAE market.
Explore all 11 staking rewards available in the UAE market.Platform Cryptocurrency Staking rewards in the UAE Kucoin Persistence One (XPRT) Up to 11% APY MyCointainer Persistence One (XPRT) Up to 28.1% APY RockX Persistence One (XPRT) Up to 28.78% APY Stakely.io Persistence One (XPRT) Up to 12.81% APY Stakewolle Persistence One (XPRT) Up to 27.05% APY Stakin Persistence One (XPRT) Up to 22.07% APY 3. Delegate Your XPRT in the UAE
We recommend utilizing a staking pool when staking XPRT. It’s more straightforward and quicker to get started. A staking pool consists of a group of validators who pool their XPRT, increasing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
4. Begin Verification
You will need to wait for your deposit to be confirmed by your digital wallet. Once it's confirmed, you will automatically validate transactions on the Persistence One network. For these validations, you will be rewarded with XPRT.
What to Consider in the UAE Market
In the UAE, it's important to factor in transaction and staking pool fees when engaging in cryptocurrency activities. Additionally, you may experience a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.
Recent Developments
Persistence One (XPRT) is currently priced at $28.1 with a 24-hour trading volume of $454,492. The market cap of Persistence One stands at $25.53M, with 219.48M XPRT in circulation. For those looking to buy or trade Persistence One, Kucoin offers avenues to do so securely and efficiently
- Market capitalization
- $25.53M
- 24-hour trading volume
- $454,492
- Circulating supply
- 219.48M XPRT