RobotEra staking overview
RobotEra is a new, innovative crypto project whose aim is to create an immersive metaverse world. It allows users to own virtual real estate, create and play games, and experiences. Experts have good expectations from RobotEra and with its unique idea, staking TARO coins seems quite profitable in the future.
How to Stake RobotEra (TARO)?
You need to use a centralized crypto platform to stake TARO tokens, so choose the desired crypto platform. Further, follow the steps below.
Step 1- Open an account in a centralized crypto exchange platform
Enter all necessary credentials, including your personal and bank details. Then you have to undergo the verification process. In that process, keep your password and other secure information safe.
Step 2- Buy the desired amount of TARO tokens
In order to buy TARO coins, go to the ‘Bank Deposit’ section of the platform, select your payment method, and then pay to purchase desired crypto tokens. Finally, select TARO amongst all cryptos from the shown list.
There is one more method to buy TARO coins, by connecting a non-custodial wallet on the RobotEra website. For this, RobotEra recommends using a MetaMask Wallet on desktop and Trust Wallet on mobile. Also, it suggests using a desktop for a smoother experience.
Here, you have two ways to buy TARO tokens- either by ETH or USDT. Choose the desired and enter the amount of TARO coins you wish to buy.
Finally, confirm the transaction and purchase desired tokens.
Remember that the minimum amount of TARO tokens that you can stake in this process is 1,000 TARO.
If you followed the second method, then transfer the desired amount of TARO coins to the wallet you created on the exchange (on creating an account). For this, simply go to the transfer coins section and paste the recipient wallet’s address, and transfer.
Step 3- Select the STAKE option and choose TARO
Now, click the STAKE option in the exchange platform and select TARO as the currency to be staked.
Step 4- Enter the staking duration
Enter the duration for which you want your TARO coins to be staked.
Step 5- Type in the amount of TARO tokens to be staked
Enter the amount of TARO coins to be staked. Ensure that the entered value exceeds the minimum value for the previously entered staking duration.
Step 6- Select CONFIRM
Finally, confirm the chosen credentials and accept the Terms and Conditions.
Your entered amount of TARO tokens have been staked for the chosen duration.
Also read: Where to buy Polygon?
Popular video guides on Staking RobotEra (TARO)
Best Place to Stake RobotEra (TARO)
1. Binance
Binance is undoubtedly the most popular crypto exchange. It has a large number of cryptos to choose from, with several features, meaning that you can perform other activities also apart from staking TARO coins on Binance.
Pros
- It has a user-friendly interface, making the entire staking helium process easy and streamlined.
- It takes a smaller portion of staking rewards than others.
Cons
- Since it’s a centralized exchange, you don’t keep 100% of your TARO staking rewards.
- It can offer limited staking features for RobotEra in some countries.
2. Pancakeswap
Pancakeswap is fast emerging as the best crypto exchange for obtaining TARO's Tokens . It has a decentralized blockchain system, which facilitates a lot of transactions at a much-reduced cost of operation.
Pros
- It has a user-friendly interface, making the entire staking helium process easy and streamlined.
- It takes a smaller portion of staking rewards than others.
Cons
- Since it’s a centralized exchange, you don’t keep 100% of your TARO staking rewards.
- It can offer limited staking features for RobotEra in some countries.
Also read: RobotEra Pricing Prediction
Benefits of Staking RobotEra (TARO)
- Way to earn passive income
Staking TARO tokens is one of the ways in which you can earn passive income without much hassle. You can stake some amount of TARO tokens for a specified duration and leave it.
- Highly safe and secure
One big advantage of staking RobotEra is safety and security. You can leave your TARO tokens to stake without worrying about safety.
- Fast transactions
In addition to the above advantages, it is also speedy. RobotEra has the capacity of performing numerous transactions in a second.
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Most frequently asked questions on RobotEra Staking
Can I stake RobotEra on my own or do I need an expert?
Yes, you can stake RobotEra on your own. For that, you just need to follow the steps, which are simple and straightforward. You don’t need an expert to follow the steps for staking.
Is staking RobotEra worth it?
Yes, staking RobotEra is considered profitable in the longer run. Many experts have high expectations from RobotEra. Staking TARO coins for the longer run has more chances of giving higher returns.
Which platform can be used to stake RobotEra?
RobotEra is going to be available on popular crypto platforms. But, currently, it is present on Binance, which is a familiar and trustworthy platform. You can use Binance for staking RobotEra.
How to stake RobotEra?
You first need to choose a crypto platform and follow the steps mentioned above to stake desired amount of TARO coins for the selected duration.
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