Introduction

Staking eCash can be a great option for those who want to hold XEC 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. 1. Obtain eCash (XEC) Tokens

   To stake eCash, you need to own it. To obtain eCash, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Cost
   Binance	eCash (XEC)	0.00001147
   BingX	eCash (XEC)	0.00001145
   Bitmart	eCash (XEC)	0.00002046
   Bitpanda	eCash (XEC)	0.00004911
   CoinEx	eCash (XEC)	0.00001144
   FMFW.io	eCash (XEC)	0.00001055

   See all 24 prices

2. 2. Choose a eCash Wallet

   Once you have XEC, you'll need to choose a eCash wallet to store your tokens. Here are some great options.

3. 3. Delegate Your XEC

   We recommend using a staking pool when staking XEC. It's simpler and quicker to get started. A staking pool is a group of validators who combine their XEC, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 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 eCash network. You'll be rewarded with XEC for these validations.

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.