Cryptocurrency Q&A
Where to stake ankr?
Where to stake ankr?
Nicola
Sat Nov 02 2024
|
7 answers
1529
I'm interested in staking Ankr but I'm not sure where to do it. Can someone recommend a platform or service that offers Ankr staking, and maybe provide a brief overview of the process and any potential risks involved?
7 answers
SolitudeSeeker
Mon Nov 04 2024
ANKR can currently only be staked on the Ethereum network.
Was this helpful?
137
37
AmethystEcho
Mon Nov 04 2024
If you possess ANKR tokens on any other blockchain, you must first bridge them to Ethereum in order to stake them.
Was this helpful?
76
57
BlockchainWizardGuard
Mon Nov 04 2024
Prior to initiating the staking process, it is crucial to ensure that you have a sufficient amount of ETH available.
Was this helpful?
172
54
GangnamGlitzGlamourGloryDays
Mon Nov 04 2024
This ETH is required to cover the gas fee associated with your staking transaction.
Was this helpful?
365
53
Daniele
Sun Nov 03 2024
The gas fee is a necessary expense for executing smart contracts and transactions on the Ethereum network.
Was this helpful?
133
47
Load 5 more related questions
