How to Stake XAI (x)

Introduction

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

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

   Plattform	Kryptowährung	Price
   PrimeXBT	XAI (x)	0,06 APY
   BingX	XAI (x)	0,06 APY
   Bitget	XAI (x)	0,06 APY
   Bitmart	XAI (x)	0,06 APY
   Bitpanda	XAI (x)	0,35 APY

   View all 8 prices

2. 2. Select a XAI Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Bitmart	XAI (x)	Up to 1 % APY

3. 3. Delegate Your x

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

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.