Introduction

Staking eCash can be an excellent choice for those looking to hold XEC 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 eCash (XEC) Tokens

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

   Plattform	Kryptowährung	Price
   Binance	eCash (XEC)	0,00001147 APY
   BingX	eCash (XEC)	0,00001145 APY
   Bitmart	eCash (XEC)	0,00002046 APY
   Bitpanda	eCash (XEC)	0,00004911 APY
   CoinEx	eCash (XEC)	0,00001144 APY
   FMFW.io	eCash (XEC)	0,00001055 APY

   View all 24 prices

2. 2. Select a eCash Wallet

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

3. 3. Delegate Your XEC

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

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.