How to Stake IXO (IXO)

Introduction

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

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

2. 2. Select a IXO Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Stakewolle	IXO (IXO)	Up to 38,05 % APY

3. 3. Delegate Your IXO

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

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.