How to Stake AdEx (ADX): A Comprehensive Guide for Australians

Introduction

Staking AdEx can be a great option for those who want to hold ADX while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.

Step-by-Step Guide

1. Obtain AdEx (ADX) Tokens
To stake AdEx, you need to own it. To obtain AdEx, you'll need to buy it. You can choose from these popular exchanges.
Platform Coin Cost
Bitpanda AdEx (ADX) 0.2
CoinEx AdEx (ADX) 0.09
MEXC Global AdEx (ADX) 0.12
Probit AdEx (ADX) 0.07
See all 6 prices
2. Choose a AdEx Wallet
Once you have ADX, you'll need to choose a AdEx wallet to store your tokens. Here are some great options.
3. Delegate Your ADX
We recommend using a staking pool when staking ADX. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ADX, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
4. Begin Validation
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 AdEx network. You'll be rewarded with ADX for these validations.

Platform	Coin	Cost
Bitpanda	AdEx (ADX)	0.2
CoinEx	AdEx (ADX)	0.09
MEXC Global	AdEx (ADX)	0.12
Probit	AdEx (ADX)	0.07

What to Be Aware Of

There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.