How to Stake PIVX (PIVX)

Introduction

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

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

   Plattform	Kryptowährung	Price
   Binance	PIVX (PIVX)	0,12 APY
   Bitmart	PIVX (PIVX)	0,12 APY
   CoinEx	PIVX (PIVX)	0,12 APY
   Gate.io	PIVX (PIVX)	0,16 APY
   LBank	PIVX (PIVX)	0,34 APY
   MEXC Global	PIVX (PIVX)	0,12 APY

   View all 12 prices

2. 2. Select a PIVX Wallet

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

   Plattform	Kryptowährung	Staking rewards
   MyCointainer	PIVX (PIVX)	Up to 6,5 % APY

3. 3. Delegate Your PIVX

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

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.