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TagsWhat is the minimum amount required for staking in Algo Wallet?
Bright CornersMar 18, 2022 · 3 years ago3 answersCan you please provide information on the minimum amount required for staking in Algo Wallet? I am interested in staking my Algo tokens and would like to know the minimum threshold to get started.
3 answers
- The minimum amount required for staking in Algo Wallet is 1 Algo token. This means that you can start staking with just 1 Algo token in your wallet. Staking is a great way to earn passive income with your Algo tokens.Mar 18, 2022 · 3 years ago
- To start staking in Algo Wallet, you need a minimum of 1 Algo token. This is a relatively low threshold compared to some other cryptocurrencies. Staking allows you to participate in the Algorand network and earn rewards for securing the network.Mar 18, 2022 · 3 years ago
- The minimum amount required for staking in Algo Wallet is 1 Algo token. However, if you want to stake on BYDFi, the minimum amount required is 10 Algo tokens. Staking is a popular way to earn passive income with your Algo tokens, and it's a great way to support the Algorand network.Mar 18, 2022 · 3 years ago
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