Introduction
Staking PIVX can be a great option for those who want to hold PIVX 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 PIVX (PIVX) Tokens
In order to stake PIVX, you need to have it. To obtain PIVX, you'll need to purchase it. You can choose from these popular exchanges.
See all 5 pricesPlatform Coin Price Binance PIVX (PIVX) 0.18 Bitmart PIVX (PIVX) 0.18 MEXC Global PIVX (PIVX) 0.18 Gate.io PIVX (PIVX) 0.18 WhiteBit PIVX (PIVX) 0.18 WhiteBit PIVX (PIVX) 0.18 2. Choose a PIVX Wallet
Once you have PIVX, you’ll need to choose a PIVX wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards MyCointainer PIVX (PIVX) Up to 6.50 APY 3. Delegate Your PIVX
We recommend using a staking pool when staking PIVX. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their PIVX, 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 PIVX network. You’ll be rewarded with PIVX 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
PIVX (PIVX) is currently priced at $6.50 with a 24-hour trading volume of $2.20M. The market cap of PIVX stands at $16.09M, with $87.71M PIVX in circulation. For those looking to buy or trade PIVX, MyCointainer offers avenues to do so securely and efficiently}
- Market cap
- $16.09M
- 24h volume
- $2.20M
- Circulating supply
- $87.71M