How to stake SUI coins?

The steps to stake SUI coins include: obtain a Sui wallet and purchase SUI coins. Transfer SUI coins to the wallet. Select a staking pool. Stake SUI coins in Sui wallet. Confirm the transaction and pay the transaction fee. Staking rewards include block rewards, transaction fees and governance rights, but SUI coins cannot be withdrawn during the staking period, and the rate of return varies depending on the staking pool.

How to Stake SUI Coin

SUI Coin is a Layer-1 block focusing on high throughput and low latency chain. Users can obtain rewards and participate in network governance by staking SUI coins.

Staking steps

1. Get a Sui wallet
Download and install a Sui wallet, such as Sui Wallet or SuiMove.

2. Obtain SUI coins
Purchase or obtain SUI coins through exchanges or decentralized trading platforms.

3. Transfer SUI coins to your wallet
Transfer the purchased or obtained SUI coins to your Sui wallet address.

4. Select a staking pool
There are multiple staking pools listed on Sui Explorer, each with different rates of return and requirements. Choose a staking pool that fits your needs.

5. Staking SUI Coins
In Sui wallet, go to the "Staking" tab. Select the staking pool you want to stake, enter the stake amount, and click the "Stake" button.

6. Confirm the transaction
Confirm the transaction and pay a small amount of Sui coins as the transaction fee.

Staking rewards

Staking SUI coins can get the following rewards:

• Block rewards: Stakers have Be eligible to receive block rewards, which are SUI coins issued by the network.
• Transaction Fees: The staking pool will charge transaction fees to be paid to stakers as rewards.
• Governance Rights: Stakers can participate in network governance, such as proposing and voting on governance proposals.

Note:

• The pledged SUI coins cannot be withdrawn during the pledge period.
• Staking pool returns may vary based on network activity and the performance of the staking pool itself.
• Before staking SUI coins, please carefully study the different staking pools and choose the one that meets your needs.

Sui continues to move higher

Currently, Sui (SUI) is selling for $1.70 with 24-hour trading volume approaching $830 million. Its value increased by 0.38% in the past 24 hours.

Rising Factors

SUI’s recent rise is attributed to the following factors:

• Speculations on Bullish Trend, Cryptocurrency Market The overall mood is optimistic.
• Active development of the project, including the launch of its mainnet.
• SUI continues to be listed on cryptocurrency exchanges.

Price Forecast

SUI is expected to continue its strong momentum in the short term. Growing adoption and positive market sentiment may drive its value even higher.

Investors are advised to

• Consider buying SUI at current price levels.
• Pay close attention to market trends and project developments.
• Invest carefully based on your own risk tolerance.

Short-term trend forecast

In the coming days, SUI is expected to continue rising, but there may be some fluctuations and pullbacks.

Main Indicators

• Current Price: $1.70
• 24-hour trading volume: $830 million
• Floating Market Cap : 4.58 billion USD
• Circulation: 2.68 billion
• Maximum supply: 10 billion

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