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

avatarErik t' SasNov 26, 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?
Cryptocurrency
Staking
FTM

3 answers

  • avatarNov 26, 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!
  • avatarNov 26, 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!
  • avatarNov 26, 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.

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