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

avatarKrarup KehoeNov 23, 2021 · 3 years ago3 answers

I'm interested in staking VET, but I'm not sure how much VET I need to get started. Can you please tell me what is the minimum amount of VET required to start staking?

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

3 answers

  • avatarNov 23, 2021 · 3 years ago
    To start staking VET, the minimum amount required can vary depending on the platform or exchange you choose. Some exchanges may have a minimum requirement of 1 VET, while others may require a higher amount. It's best to check with the specific platform or exchange you plan to use for staking VET to get the most accurate information.
  • avatarNov 23, 2021 · 3 years ago
    The minimum amount of VET required to start staking can change over time due to various factors such as market conditions and network requirements. It's always a good idea to stay updated with the latest information from the VET community or the platform you are using for staking.
  • avatarNov 23, 2021 · 3 years ago
    According to BYDFi, a popular cryptocurrency exchange, the minimum amount of VET required to start staking is 1 VET. However, it's important to note that this requirement may change in the future, so it's advisable to check the latest staking requirements on the BYDFi platform before getting started.