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What is the minimum amount of FTM required to start staking?

avatarCJ 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?

What is the minimum amount of FTM required to start staking?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    To 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!
  • avatarDec 15, 2021 · 3 years ago
    You 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!
  • avatarDec 15, 2021 · 3 years ago
    According 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.