Introduction
Staking 0x Protocol can be an excellent choice for individuals looking to hold ZRX while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we have created this comprehensive guide to assist you.
Step-by-Step Guide
1. Acquire 0x Protocol (ZRX) Tokens
To stake 0x Protocol, you first need to acquire it. To obtain 0x Protocol, you can purchase it from these well-known exchanges.
View all 58 pricesPlatform Coin Price PrimeXBT 0x Protocol (ZRX) 0.14 APY YouHodler 0x Protocol (ZRX) 0.14 APY Binance 0x Protocol (ZRX) 0.14 APY BTSE 0x Protocol (ZRX) 0.14 APY Coinbase 0x Protocol (ZRX) 0.14 APY Kraken 0x Protocol (ZRX) 0.13 APY 2. Select a 0x Protocol Wallet for Your Needs
Once you have ZRX, you'll need to select a 0x Protocol wallet to securely store your tokens. Here are some excellent options to consider.
3. Delegate Your ZRX for Enhanced Returns
We recommend utilizing a staking pool when staking ZRX. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their ZRX, enhancing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.
4. Begin Verification
You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the 0x Protocol network. For these validations, you will be rewarded with ZRX.
What to Consider in the Chinese Market
When engaging in transactions and participating in staking pools, it's important to factor in the associated fees. Additionally, there may be a waiting period before you begin to receive rewards. The staking pool must successfully generate blocks, which can require some time to accomplish.
Recent Developments
- Market capitalization
- $413.4M
- missing en-cn translation: common.volume-24h
- $71.78M
- Circulating supply in the market
- 848.4M ZRX
