Introduction
Staking Pulsechain FLOW can be a great option for those who want to hold FLOW 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 Pulsechain FLOW (FLOW) Tokens
In order to stake Pulsechain FLOW, you need to have it. To obtain Pulsechain FLOW, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Pulsechain FLOW Wallet
Once you have FLOW, you’ll need to choose a Pulsechain FLOW wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Binance Pulsechain FLOW (FLOW) Up to 7.90 APY 3. Delegate Your FLOW
We recommend using a staking pool when staking FLOW. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their FLOW, 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 Pulsechain FLOW network. You’ll be rewarded with FLOW 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
Pulsechain FLOW (FLOW) is currently priced at $7.90. For those looking to buy or trade Pulsechain FLOW, Binance offers avenues to do so securely and efficiently}
