How to Stake Alchemix (ALCX)

Introduction

Staking Alchemix can be an excellent choice for those looking to hold ALCX 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've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire Alchemix (ALCX) Tokens

   To stake Alchemix, you first need to acquire it. To obtain Alchemix, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

   Plattform	Kryptowährung	Price
   Binance	Alchemix (ALCX)	7,66 APY
   Coinbase	Alchemix (ALCX)	7,65 APY
   Kraken	Alchemix (ALCX)	7,65 APY
   OKX	Alchemix (ALCX)	8,54 APY
   Uphold	Alchemix (ALCX)	9,97 APY
   BingX	Alchemix (ALCX)	7,65 APY

   View all 24 prices

2. 2. Select a Alchemix Wallet

   Once you have ALCX, you'll need to select a Alchemix wallet to securely store your tokens. Here are some solid options to consider.

   Plattform	Kryptowährung	Staking rewards
   FMFW.io	Alchemix (ALCX)	Up to 13 % APY

3. 3. Delegate Your ALCX

   We recommend using a staking pool when staking ALCX. It's simpler and faster to get started. A staking pool is a collective of validators who pool their ALCX, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Alchemix network. For these validations, you will be rewarded with ALCX.

What to Consider

There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.