How to Stake Adrena (ADX) for better returns

Introduction

Staking Adrena can be an excellent choice for individuals looking to hold ADX 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. 1. Acquire Adrena (ADX) Tokens

   To stake Adrena, you first need to acquire it. To obtain Adrena, you can purchase it from these well-known exchanges.

   Platform	Coin	Price
   Binance	Adrena (ADX)	0.11 APY
   Gate.io	Adrena (ADX)	0.11 APY
   HTX	Adrena (ADX)	0.11 APY
   PointPay	Adrena (ADX)	0 APY
   WhiteBit	Adrena (ADX)	0.11 APY
   WhiteBit	Adrena (ADX)	0.11 APY

   View all 10 prices

2. 2. Select a Adrena Wallet for Your Needs

   Once you have ADX, you'll need to select a Adrena wallet to securely store your tokens. Here are some excellent options to consider.

   Platform	Coin	Staking returns
   Binance	Adrena (ADX)	Up to 2.5% APY

3. 3. Delegate Your ADX for Enhanced Returns

   We recommend utilizing a staking pool when staking ADX. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their ADX, enhancing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.

4. 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 Adrena network. For these validations, you will be rewarded with ADX.

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.