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How much IC is required to participate in staking?

avatarKastam RusdiDec 27, 2021 · 3 years ago3 answers

What is the minimum amount of IC required to participate in staking?

How much IC is required to participate in staking?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    To participate in staking, the minimum amount of IC required may vary depending on the platform or exchange you choose. Some platforms may have a minimum requirement of 10 IC, while others may require a higher amount like 100 IC. It's important to check the staking requirements of the specific platform you are interested in to know the exact minimum amount.
  • avatarDec 27, 2021 · 3 years ago
    The minimum IC required for staking can differ from one exchange to another. For example, Exchange A may require a minimum of 50 IC, while Exchange B may have a minimum requirement of 100 IC. It's always a good idea to research and compare different exchanges to find the one that suits your staking needs.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, the minimum amount of IC required to participate in staking is 25 IC. Staking allows you to earn passive income by holding your IC tokens in a staking wallet. The more IC you stake, the higher your potential rewards. Staking is a great way to contribute to the network and be rewarded for your support.