How to Stake COMDEX (CMDX)

Introduction

Staking COMDEX can be an excellent choice for those looking to hold CMDX 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 COMDEX (CMDX) Tokens

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

2. 2. Select a COMDEX Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Stakewolle	COMDEX (CMDX)	Up to 37,24 % APY
   Stakin	COMDEX (CMDX)	Up to 15 % APY
   Valid Blocks	COMDEX (CMDX)	Up to 35 % APY

   Discover all 6 staking rewards available

3. 3. Delegate Your CMDX

   We recommend using a staking pool when staking CMDX. It's simpler and faster to get started. A staking pool is a collective of validators who pool their CMDX, 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 COMDEX network. For these validations, you will be rewarded with CMDX.

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.