What is the minimum amount of MANA required to participate in staking?
Grayson WigginsNov 26, 2021 · 3 years ago3 answers
I'm interested in participating in staking MANA, but I'm not sure what the minimum amount required is. Can someone please clarify?
3 answers
- Nov 26, 2021 · 3 years agoThe minimum amount of MANA required to participate in staking varies depending on the platform you choose. Some platforms may have a minimum requirement of 1,000 MANA, while others may require 10,000 MANA or more. It's best to check with the specific platform you're interested in to get the most accurate information.
- Nov 26, 2021 · 3 years agoTo participate in staking MANA, you typically need to hold a certain amount of MANA in your wallet. The minimum amount required can vary from platform to platform. For example, on Binance, the minimum amount required for staking MANA is 1,000 MANA. However, on BYDFi, the minimum requirement is 10,000 MANA. It's important to do your research and choose a platform that aligns with your investment goals and budget.
- Nov 26, 2021 · 3 years agoWhen it comes to staking MANA, the minimum amount required can vary depending on the platform you choose. For instance, on BYDFi, the minimum requirement is 10,000 MANA. However, it's worth noting that the minimum amount may change over time, so it's always a good idea to check the latest requirements on the platform you're interested in. Additionally, keep in mind that staking involves locking up your MANA for a certain period of time, so make sure you're comfortable with the commitment before getting started.
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