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

Susmi VariscaApr 30, 2022 · 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?

3 answers

  • Apr 30, 2022 · 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.
  • Apr 30, 2022 · 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.
  • Apr 30, 2022 · 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.