Introduction
Staking Stafi can be an excellent choice for those looking to hold FIS while earning returns in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.
Step-by-Step Guide for Indian Investors
1. Acquire Stafi (FIS) Tokens in India
To stake Stafi, you first need to acquire it. To obtain Stafi, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
See all 33 ratesPlatform Coin Cost Binance Stafi (FIS) 0.12 Coinbase Stafi (FIS) 0.12 Kraken Stafi (FIS) 0.12 Uphold Stafi (FIS) 0.16 BingX Stafi (FIS) 0.12 Bitget Stafi (FIS) 0.12 2. Choose a Stafi Wallet in India
Once you have FIS, you'll need to choose a Stafi wallet to securely store your tokens. Here are some reliable options available in India.
Platform Coin Staking rewards in India Stakin Stafi (FIS) Up to 9.49% APY 3. Delegate Your FIS in India
We recommend using a staking pool when staking FIS. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their FIS, increasing their chances of validating transactions and earning rewards. You can easily do this through your wallet's interface.
4. Start Validating
You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Stafi network. For these validations, you will be rewarded with FIS.
What to Keep in Mind
When engaging in staking, it's important to factor in transaction fees and staking pool charges. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.
Latest Trends in India
Stafi (FIS) is currently priced at $9.49 with a 24-hour trading volume of $51.3L. The market cap of Stafi stands at $6.46Cr, with 15.03Cr FIS in circulation. For those looking to buy or trade Stafi, Stakin offers avenues to do so securely and efficiently
- Market capitalization
- $6.46Cr
- 24-hour trading volume
- $51.3L
- Circulating supply in the market
- 15.03Cr FIS