What is the minimum amount of FTM required to start staking?
CJ NivinskiDec 15, 2021 · 3 years ago3 answers
I'm interested in staking FTM, but I'm not sure how much I need to get started. Can you please tell me the minimum amount of FTM required for staking?
3 answers
- Dec 15, 2021 · 3 years agoTo start staking FTM, the minimum amount required is 1 FTM. This means you need at least 1 FTM in your wallet to participate in the staking process. Keep in mind that the more FTM you stake, the higher your potential rewards will be. Happy staking!
- Dec 15, 2021 · 3 years agoYou only need 1 FTM to start staking. It's a relatively low barrier to entry, which makes staking FTM accessible to a wide range of users. So, if you're interested in earning passive income with FTM, go ahead and get started with just 1 FTM!
- Dec 15, 2021 · 3 years agoAccording to BYDFi, the minimum amount of FTM required to start staking is 1 FTM. This allows users with even a small amount of FTM to participate in the staking process and earn rewards. So, whether you have 1 FTM or more, you can start staking and potentially earn passive income with BYDFi.
Related Tags
Hot Questions
- 97
What are the advantages of using cryptocurrency for online transactions?
- 62
What are the tax implications of using cryptocurrency?
- 58
How can I minimize my tax liability when dealing with cryptocurrencies?
- 55
Are there any special tax rules for crypto investors?
- 52
What are the best digital currencies to invest in right now?
- 40
How can I protect my digital assets from hackers?
- 34
How does cryptocurrency affect my tax return?
- 27
What are the best practices for reporting cryptocurrency on my taxes?