How to Stake XPLA (XPLA)

Introduction

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

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

   Plattform	Kryptowährung	Price
   Bitget	XPLA (XPLA)	0,04 APY
   CoinEx	XPLA (XPLA)	0,03 APY
   Crypto.com	XPLA (XPLA)	0,02 APY
   Gate.io	XPLA (XPLA)	0,03 APY
   HTX	XPLA (XPLA)	0,04 APY
   MEXC Global	XPLA (XPLA)	0,04 APY

   View all 12 prices

2. 2. Select a XPLA Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Everstake	XPLA (XPLA)	Up to 10,79 % APY

3. 3. Delegate Your XPLA

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

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.