Introduction
Staking Render can be a great option for those who want to hold RENDER 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 Render (RENDER) Tokens
In order to stake Render, you need to have it. To obtain Render, you'll need to purchase it. You can choose from these popular exchanges.
See all 27 pricesPlatform Coin Price Bitpanda Render (RENDER) 8.52 Uphold Render (RENDER) 8.29 Kraken Render (RENDER) 8.95 OKX Render (RENDER) 8.96 YouHodler Render (RENDER) 8.49 Binance Render (RENDER) 8.97 2. Choose a Render Wallet
Once you have RENDER, you’ll need to choose a Render wallet to store your tokens. Here are some good options.
3. Delegate Your RENDER
We recommend using a staking pool when staking RENDER. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their RENDER, 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 Render network. You’ll be rewarded with RENDER 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
- Market cap
- $4.3B
- 24h volume
- $422.03M
- Circulating supply
- $517.69M