By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
CoinworldstoryCoinworldstoryCoinworldstory
  • HOME
  • CRYPTO
    • AI
    • BOTS
    • ICO
    • AIRDROP
      • Featured Airdrops
    • Price Prediction
    • EXCHANGE
      • Best Centralized Exchange List 2025
      • Best Decentralized Exchange List 2025
    • ALTCOIN
    • Alt Coin Signal
    • Crypto Analysis
    • Bitcoin Loan
    • Bitcoin Mining
    • WALLETPRO
  • PR
    PR
    If You Looking For Submit Cryptocurrency Press Releases Than Coinworldstory Is Best Choice For Crypto Press Release Submission
    Show More
    Top News
    Singapore’s Cake DeFi Pays Record US$317 Million in Rewards to Customers
    Singapore’s Cake DeFi Pays Record US$317 Million in Rewards to Customers
    4 weeks ago
    Ankr Unveils Its Biggest Upgrade, Ankr Network 2.0, to Truly Decentralize Web3’s Foundational Layer
    Ankr Unveils Its Biggest Upgrade, Ankr Network 2.0, to Truly Decentralize Web3’s Foundational Layer
    1 month ago
    Lovely Inu introduces a new meme token to the global crypto market
    Lovely Inu introduces a new meme token to the global crypto market
    2 weeks ago
    Latest News
    Eightco Holdings Inc. ($ORBS) Expands Investor Access with Options Trading
    3 hours ago
    Codego Launches Whitelabel Devices Bringing Tokens Into Daily Life
    6 hours ago
    Solo Leveling Levels Up: Korean Billion-Dollar Megafranchise Goes Onchain with Story
    20 hours ago
    SimpleFX Relaunches First Deposit Bonus
    1 day ago
  • NEWS
    • Mining
    • Altcoins
    • Ban
    • BANKING/FINANCE NEWS
    • Bitcoin
    • Blockchain
    • CRYPTO CRIME
    • Ethereum
    • Exchange News
    • Government News
    NEWSShow More
    Why Shiba Inu Large Transaction Volume Is Dropping Fast
    Why Shiba Inu Large Transaction Volume Is Dropping Fast
    3 weeks ago
    Crypto Tax Rules In Russia – What You Should Know
    Crypto Tax Rules In Russia – What You Should Know
    1 month ago
    Elon Musk Considering Blockchain To Bolster us Government Efficiency
    Elon Musk Considering Blockchain To Bolster us Government Efficiency
    1 month ago
    10 Next Big Meme Coin To Explode
    10 Next Big Meme Coin To Explode
    1 month ago
    9 Best AI-Powered Websites That Save You Hours of Work
    9 Best AI-Powered Websites That Save You Hours of Work
    2 months ago
  • GAMBLE
    • Certified Casinos
    • Bitcoin Casino
    GAMBLE
    If You Looking For Casino Review . Than we Write Many Article About Casino Please Look This Page . We Update This Page On Daily…
    Show More
    Top News
    Rocketplay Casino Review : Latest 2022 Review
    Rocketplay Casino Review : Latest 2022 Review
    3 years ago
    Bruno Casino Review: WELCOME PACKAGE €300 + 250 Free Spins
    Bruno Casino Review: WELCOME PACKAGE €300 + 250 Free Spins
    2 years ago
    Cryptocurrency in Online Casinos: Revolutionizing the Gaming Landscape
    2 years ago
    Latest News
    Unlim Casino 2025 – Games, Bonuses & Crypto Payments
    4 weeks ago
    1win Casino Games – Exciting Slots, Crash Games & Bonuses
    4 weeks ago
    Pinco Casino Review: Games, Bonuses & Features
    4 weeks ago
    r7 Casino Review: Login, Sign Up, Bonuses & Promotions
    3 weeks ago
  • MORE
    • Guide
    • Only Best
    • Off Topic
    • Web Hosting
    • Ad Posting Jobs
    • Best Affiliate Marketing
    • Best Affiliate Programs
    • BOTS
    • Trusted Currency Exchanger Platform
    • Blockchain Games
    • Metaverse Review : Best Metaverse Program Review
    • Online Survey
    • Payment Platform
  • VPN
  • Contact Us
Reading: How To Stake FTM on Phantom Wallet: A Step-by-Step Guide
Share
Notification Show More
Font ResizerAa
CoinworldstoryCoinworldstory
Font ResizerAa
  • ADVERTISEMENT
  • SUBMIT PR
  • CONTACT
  • GUEST POST
  • ABOUT US
  • DMCA
  • SITEMAP
  • DISCLAIMER
  • PRIVACY POLICY
Search
  • HOME
  • CRYPTO
    • AI
    • BOTS
    • ICO
    • AIRDROP
    • Price Prediction
    • EXCHANGE
    • ALTCOIN
    • Alt Coin Signal
    • Crypto Analysis
    • Bitcoin Loan
    • Bitcoin Mining
    • WALLETPRO
  • PR
  • NEWS
    • Mining
    • Altcoins
    • Ban
    • BANKING/FINANCE NEWS
    • Bitcoin
    • Blockchain
    • CRYPTO CRIME
    • Ethereum
    • Exchange News
    • Government News
  • GAMBLE
    • Certified Casinos
    • Bitcoin Casino
  • MORE
    • Guide
    • Only Best
    • Off Topic
    • Web Hosting
    • Ad Posting Jobs
    • Best Affiliate Marketing
    • Best Affiliate Programs
    • BOTS
    • Trusted Currency Exchanger Platform
    • Blockchain Games
    • Metaverse Review : Best Metaverse Program Review
    • Online Survey
    • Payment Platform
  • VPN
  • Contact Us
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Home » Blog » How To Stake FTM on Phantom Wallet: A Step-by-Step Guide
Off Topic

How To Stake FTM on Phantom Wallet: A Step-by-Step Guide

Gixona
Last updated: 22/01/2025 8:17 PM
Gixona
8 months ago
Share
Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
How To Stake FTM on Phantom Wallet: A Step-by-Step Guide
SHARE

In this Post, I will explain the process of staking FTM on the Phantom Wallet. The steps involved in the staking of the FTM token include a connection to the Fantom Network, choosing an appropriate validator, and indicating the number of tokens FTM to be staked using the Phantom Wallet.

Contents
  • What Is Phantom Wallet?
  • How To Stake FTM on Phantom Wallet
  • Adding FTM To Phantom Wallet
  • Monitoring and Managing Your Staked FTM
    • Check for Updates on Rewards
    • Analyze Lock-Up Periods
    • Change Wallet Details
    • Remain Synchronized
    • Contemplation of Reward Compound Interest
    • Withdrawal of Staked Tokens
  • Common Issues and Troubleshooting
  • Features and Benefits of Phantom Wallet
  • Conclusion

When you stake Fantom tokens, you will be rewarded for your contribution towards the security and operational effectiveness of the Fantom network. This guide will take you through the steps you need to take for successful and decisive staking of tokens.

What Is Phantom Wallet?

Phantom Wallet is a multi-chain digital asset wallet that began as a non-custodial cryptocurrency wallet on the Solana blockchain and which has expanded to include Ethereum, Bitcoin, Polygon, and Base. Users are provided access to secure storage, sending, receiving, and management of NFTs and tokens

What Is Phantom Wallet?

As well as integration with dApps, cross-chain bridging, and seamless token swapping. By enabling users to retain full control of their private keys and funds, Phantom dApp provides maximum security which guarantees user privacy.

- Advertisement -

How To Stake FTM on Phantom Wallet

How To Stake FTM on Phantom Wallet

Connect Your Wallet: Make sure your Phantom Wallet is linked to the Fantom network.

Navigate to Staking: On the Phantom Wallet application, there is a Staking section that you need to access.

Choose Validator: Pick a validator node whom you want to delegate your FTM tokens.

Enter Amount: Indicate the value of FTM you wish to stake.

Lock-Up Period: Select your lock-up period (not a required step). That said, if you are willing to lock your tokens for a longer period, you can lower the APR.

- Advertisement -

Confirm Staking: Finalize the transaction to commence staking on FTM tokens.

Adding FTM To Phantom Wallet

Connect to Fantom Network: Check that your Phantom Wallet is currently connected to the Fantom network.

Copy Public Address: Get the public address of your Phantom Wallet.

- Advertisement -

Send FTM Tokens: Take an exchange or wallet that has support for Fantom and send tokens to the public address of your Phantom Wallet.

Verify Transaction: Look into your Phantom Wallet to find the FTM tokens that were sent.

Monitoring and Managing Your Staked FTM

Check for Updates on Rewards

Staking gives rewards. It is your responsibility to ensure that the correct dashboards are regularly monitored so no rewards go unclaimed.

Analyze Lock-Up Periods

When dealing with funds, understanding the lock-up periods is essential. If you were to gain access to some of your funds prior to the lock-up period ending, it would result in you incurring some severe penalties.

Change Wallet Details

Failing to update your personal information may prove to be costly. For instance, if you were to change your mnemonic phrase or private keys, that gives you the potential of gaining access to additional assets.

Remain Synchronized

Any changes or issues that might affect your staked tokens can be mitigated through updates from the Fantom network and the validators. Following these validators ensures that you are well informed at all times.

Contemplation of Reward Compound Interest

For additional earnings, consider platforms that allow for reward compounding where reinvested rewards earn interest. Always check whether this option is available before deciding on any specific strategy.

Withdrawal of Staked Tokens

Withdrawing staked tokens may prove to be a wise decision at times. In order to do so, you must become familiar with the withdrawal process, timelines and any other details associated with the withdrawal. For instance, the tokens you withdraw from Fantom must first go through a compulsory 7-day unbonding period.

Common Issues and Troubleshooting

Transactions delays: Just remain calm, cross-chain transactions require several confirmations and this cross-network work may take some time.

Tokens Not Transferring: Use a blockchain explorer to tracker your FTM transactions and check the status.

Check Support: Get a different wallet to recover tokens that are compatible with the targeted network.

Not Enough Funds: Ensure there is enough ETH in the account for the transaction fees (gas fees).

Tokens Transfer Fees: Use other services like Uniswap for tokens with transfer costs.

Slippage: Modify slippage tolerance in preferences to allow for unwanted price shifts.

Lack of liquidity: Attempt the swap again later when the market is more active.

Features and Benefits of Phantom Wallet

Features and Benefits of Phantom Wallet

Multi-chain Support: Supports various blockchain networks such as Solana, Base, Polygon, Ethereum, and Bitcoin.

Self-custody: The users have complete access to their funds and private keys which gives full control over the assets.

Customer-friendly Design: The WIY allows easy management of assets such as sending, receiving, and swapping of tokens.

NFT Enablement: Widely known for possessing an easy to use interface for NFT trading.

dApp Enablement: Phantom wallet provides users easy access to different blockchain applications and gives users access to the decentralized web.

Security tools: Phantom wallet has additional security features like biometric security – fingerprints and facial recognition, which helps encrypt user data.

Cross-chain token bridging: Has functionalities where one can swap tokens from different blockchains.

Multi- Language Functionality: Can support many different languages which allows people from different countries to use the device.

Features: Users can customize their experiences by changing account names, avatars, and reorganizing assets through a drag and drop method.

Conclusion

In conclusion, the staking procedure is on FTM via Phantom Wallet is to connect the wallet to the Fantom network, choose a validator, and indicate the amount of FTM you would like to stake.

Doing these allows you to earn reward without compromising the safety of the Fantom network. For effective management of the steaked digitals tokens, keep track of your rewards, know the lock-up periods, and monitor the network updates. This results in an easy and effective staking experience.

Why Is Roblox Down? Causes & Solutions Explained
What Is Product Hunt Telegram Bot – Features & Benefits
What Is Owl Exchanger Official Website – Complete Guide
10 Best Chocolate Chip Cookies – Top 10 Delicious Cookies You Must Try
10 Best Shoes For Walking And Standing All Day – Comfortable & Supportive Footwear
Share This Article
Facebook Email Print
Previous Article How To Stake Polkadot Using Ledger Wallet: A Step-by-Step Guide How To Stake Polkadot Using Ledger Wallet: A Step-by-Step Guide
Next Article How To Stake Cardano In Daedalus Wallet: A Step-by-Step Guide How To Stake Cardano In Daedalus Wallet: A Step-by-Step Guide
10 Best Prop Firms In South Africa for Funded Traders
10 Best Prop Firms In South Africa for Funded Traders
Prop Firm
Eightco Holdings Inc. ($ORBS) Expands Investor Access with Options Trading
Press Releases
10 Best Prop Firms in Jordan – Top Funded Trading Opportunities
10 Best Prop Firms in Jordan – Top Funded Trading Opportunities
Prop Firm
10 Best Crypto Exchanges for Easy Recurring Buys 2025
10 Best Crypto Exchanges for Easy Recurring Buys 2025
Best Centralized Exchange List 2025

Latest Published

10 Best Christmas Markets In Europe – Top Festive Destinations

10 Best Christmas Markets In Europe – Top Festive Destinations

1 month ago
Why Is Stewart Vickers The Best Seo In The World Informational

Why Is Stewart Vickers The Best Seo In The World Informational

1 month ago
Which Choice Best States The Main Idea Of This Stanza

Which Choice Best States The Main Idea Of This Stanza

1 month ago
Top Meme Coins (Shiba Inu, Dogecoin, Pepe) – Worth Investing?

Top Meme Coins (Shiba Inu, Dogecoin, Pepe) – Worth Investing?

1 month ago
  • ADVERTISEMENT
  • SUBMIT PR
  • CONTACT
  • GUEST POST
  • ABOUT US
  • DMCA
  • SITEMAP
  • DISCLAIMER
  • PRIVACY POLICY
What Is Solana? A Complete Guide to the Fast and Scalable Blockchain
What Is Solana? A Complete Guide to the Fast and Scalable Blockchain
Trending
10 Best Shoes For Bunions – Comfort, Support & Pain Relief
10 Best Shoes For Bunions – Comfort, Support & Pain Relief
Trending
10 Best Macroeconomics Books-for Students and Professionals
10 Best Macroeconomics Books-for Students and Professionals
Trending
CoinworldstoryCoinworldstory
Follow US
© Coinworldstory News Network. Cws Design Company. All Rights Reserved.
  • ADVERTISEMENT
  • SUBMIT PR
  • CONTACT
  • GUEST POST
  • ABOUT US
  • DMCA
  • SITEMAP
  • DISCLAIMER
  • PRIVACY POLICY
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?