Algorand Staking Guide
Press a few buttons and wake up to passive income everyday. That’s everybody’s dream!
Thanks to crypto, this is now a reality for many people.
Staking allows crypto users to earn passive income for confirming crypto network transactions.
While there are many cryptos that offer staking, Algorand (ALGO) is one of the most popular ones, perhaps because its creator is famous MIT computer scientist Silvio Micali. Micali is a Turing award winner (the Turing Award is the highest award you can get as a computer scientist).
Algorand staking guide: In order to stake Algorand ALGO tokens, you'll need to sign up as an Algorand Governor and participate in voting. This guide will explain most of what you need to know about how to stake Algorand: Algorand staking guide.
And if you want to know more about ALGO, watch our What is Algorand YouTube video below.
The Exodus Algorand staking wallet might be a good option. It includes features like:
- Support for 300+ crypto assets
- Focus on premium design and ease of use
- Is the only wallet to support desktop, mobile, and hardware wallet (Trezor) integration - ALGO Trezor support not yet available 😔
- Gives you the ability to exchange cryptos (even your ALGO rewards) for other cryptos right from your wallet - without creating an account! (desktop guide, mobile guide)
- Allows you to stake some of the hottest cryptos for crypto passive income
- Lets you sync your wallet between desktop and mobile
- and has 24/7, fast human support if you ever need help
Download Exodus Algorand wallet here
Algorand Staking Rewards Calculator
Before jumping into ALGO staking, you might want to estimate how much staking rewards you’ll receive. This Algorand staking rewards calculator will give you a rough estimate of how much you can expect to earn staking ALGO.
Algorand Staking Program
Heard about the Algorand staking program? This offered 200 million ALGO in rewards to the ALGO community with a minimum 100% return!
Unfortunately though, registration ended on August 31st, 2019. If you want to read details about the program anyway, here’s the link.
This content is for informational purposes only and is not investment advice. You should consult a qualified licensed advisor before engaging in any transaction.
