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What is the minimum amount required for Ethereum Classic staking?

avatar4AL21EC113_ Yashaswini T RDec 15, 2021 · 3 years ago3 answers

Can you please provide information on the minimum amount required for staking Ethereum Classic?

What is the minimum amount required for Ethereum Classic staking?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    To start staking Ethereum Classic, the minimum amount required is 1 ETC. This means you need to have at least 1 ETC in your wallet to participate in the staking process. It's important to note that the more ETC you stake, the higher your chances of earning rewards.
  • avatarDec 15, 2021 · 3 years ago
    You'll need a minimum of 1 ETC to stake Ethereum Classic. This is the entry requirement to participate in the staking process. Keep in mind that staking rewards are proportional to the amount of ETC you stake, so the more you have, the more you can potentially earn.
  • avatarDec 15, 2021 · 3 years ago
    According to BYDFi, a popular cryptocurrency exchange, the minimum amount required for Ethereum Classic staking is 1 ETC. This means you'll need at least 1 ETC in your wallet to start staking and earn rewards. Remember, the more ETC you stake, the higher your chances of receiving rewards.