Introduction
Staking Index Coop Ethereum 2x Index can be a great option for those who want to hold ETH2X but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step
- 1
Obtain Index Coop Ethereum 2x Index (ETH2X) tokens
In order to stake Index Coop Ethereum 2x Index, you need to have it. To obtain Index Coop Ethereum 2x Index, you'll need to purchase it. You can choose from these popular exchanges.
- 2
Choose a Index Coop Ethereum 2x Index wallet
Once you have ETH2X, you’ll need to choose a Index Coop Ethereum 2x Index wallet to store your tokens. Here are some good options.
- 3
Delegate your ETH2X
We recommend using a staking pool when staking ETH2X. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ETH2X, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
- 4
Start validating
You’ll need to wait for your deposit to be confirmed by your wallet. Once it’s confirmed, you’ll automatically validate transactions on the Index Coop Ethereum 2x Index network. You’ll be rewarded with ETH2X for these validations.
What to be aware of
There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
Up to 25% APY on USDT
Up to 20% APY on ETH
Up to 15% APY on BTC