Introduction
Staking Wrapped ZETA can be a great option for those who want to hold WZETA 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 Wrapped ZETA (WZETA) Tokens
In order to stake Wrapped ZETA, you need to have it. To obtain Wrapped ZETA, you'll need to purchase it. You can choose from these popular exchanges.
See all 5 pricesPlatform Coin Price Bitmart Wrapped ZETA (WZETA) 0.72 Bitget Wrapped ZETA (WZETA) 0.72 BingX Wrapped ZETA (WZETA) 0.72 Bitpanda Wrapped ZETA (WZETA) 0.81 Bake Wrapped ZETA (WZETA) 0.72 2. Choose a Wrapped ZETA Wallet
Once you have WZETA, you’ll need to choose a Wrapped ZETA wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Bitmart Wrapped ZETA (WZETA) Up to 1 APY Bitget Wrapped ZETA (WZETA) Up to 6.5 APY 3. Delegate Your WZETA
We recommend using a staking pool when staking WZETA. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their WZETA, 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 Wrapped ZETA network. You’ll be rewarded with WZETA 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
Wrapped ZETA (WZETA) is currently priced at $1 with a 24-hour trading volume of $108,011. For those looking to buy or trade Wrapped ZETA, Bitmart offers avenues to do so securely and efficiently}
- 24h volume
- $108,011