NOW Staking

NOW Staking means freezing some of your NOW Tokens to maintain the proper functioning and the security of its network. For doing this, you get rewarded.

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How to Stake NOW Token (NOW)?

Step 1.
Open your Binance Coin wallet on Guarda and click 'staking', then 'Deposit for staking'
Step 2.
Select the amount of how much would you like to stake.
Step 3.
Finally, click "Next" and confirm the information to start earning your rewards.

Remember
NOW Token exists on two networks simultaneously: on Ethereum (ERC20 Standard) and Binance Chain (BEP2 Standard). ERC20 to BEP2 or vice versa exchanges are already available.

FAQ

1. How do I stake NOW?

Open your Binance Coin wallet on Guarda. Then hit "staking." Hit "Deposit for staking." Choose the amount you wish to send for staking.
Finally, hit "Next" and confirm the information to start earning your rewards.

2. How much NOW do I need to stake?

The minimum sum you can stake is 1 NOW.

3. Is it worth staking ChangeNOW?

With NOW Token, you can earn staking rewards for assisting the network's operation. As a result, the ChangeNOW team anticipates that the NOW Token price will increase due to the introduction of staking and other activity.

4. How does staking work on ChangeNOW?

Users can earn passive income by supporting all blockchain operations. It is similar to the bank deposit system and user incentives.

5. Can you lose money by staking NOW?

Guarda allows you to stake cryptocurrency in a non-custodial way. It is just as safe as keeping crypto in your wallet. You maintain complete control over your tokens while staked, and you can even unstake your funds at any time.
Proof-of-Stake increases network security. A hacker's attack is only possible if they have 51 percent of all coins. Attempting to hack into the blockchain's PoS algorithm is unprofitable.

Why Stake NOW Token ?

You get staking rewards with NOW Token for helping the network run. It is expected by ChangeNOW team that NOW Token will significantly increase in price due to the staking introduction and other activity. The minimum sum you can stake is 1 NOW. The maximum amount for which we grant the rewards is 100,000 NOW. If you stake more, you will only be rewarded for 100,000 and the rewards are distribured weekly.

Moreover, on Guarda you can stake NOW tokens using Ledger Nano S. You would have to sync your Ledger with Guarda and then freeze your NOW Tokens on Binance Chain on Ledger. This is one of the safest ways to store and stake your tokens.

What is NOW Token?

NOW is the first native digital asset introduced by an instant exchange platform to serve as an internal currency on ChangeNOW products.

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