Is there a minimum amount of ATOM required to start staking?

3 answers

• Nov 24, 2021 · 3 years ago
  Yes, there is a minimum amount of ATOM required to start staking. Currently, the minimum amount of ATOM needed for staking is 1 ATOM. This means that you need to have at least 1 ATOM in your wallet in order to participate in the staking process. However, please note that the more ATOM you have, the higher your chances of earning rewards through staking.
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• Nov 24, 2021 · 3 years ago
  To start staking ATOM, you need to have a minimum of 1 ATOM in your wallet. This requirement ensures that participants have a stake in the network and are incentivized to maintain its security and stability. It's important to note that the more ATOM you have, the more rewards you can potentially earn from staking.
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• Nov 24, 2021 · 3 years ago
  Yes, there is a minimum amount of ATOM required to start staking. Currently, the minimum requirement is set at 1 ATOM. However, different platforms or exchanges may have their own specific requirements, so it's always a good idea to check with the platform or exchange you plan to use for staking. For example, BYDFi, a popular exchange, also requires a minimum of 1 ATOM for staking. It's important to do your research and choose a platform that aligns with your staking goals and requirements.
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