Introduction

Staking FTX can be a great option for those who want to hold FTT 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 FTX (FTT) Tokens

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

   Platform	Coin	Cost
   YouHodler	FTX (FTT)	0.51
   BingX	FTX (FTT)	0.51
   Bitget	FTX (FTT)	0.51
   Bitmart	FTX (FTT)	0.51
   Bitpanda	FTX (FTT)	2.25
   FMFW.io	FTX (FTT)	0.51

   See all 13 prices

2. 2. Choose a FTX Wallet

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

3. 3. Delegate Your FTT

   We recommend using a staking pool when staking FTT. It's simpler and quicker to get started. A staking pool is a group of validators who combine their FTT, 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 FTX network. You'll be rewarded with FTT 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.