How to Stake dYdX (ETHDYDX): A Step-by-Step Guide for Spain

Introduction

Staking dYdX can be an excellent choice for those looking to hold ETHDYDX while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for Spain 1

1. Acquire dYdX (ETHDYDX) Tokens
To stake dYdX, you first need to acquire it. To obtain dYdX, you'll have to buy it. You can select from these well-known exchanges.
Plataforma Cripto Price
PrimeXBT dYdX (ETHDYDX) 0,16 APY
BingX dYdX (ETHDYDX) 0,16 APY
Bitget dYdX (ETHDYDX) 0,88 APY
Bitmart dYdX (ETHDYDX) 0,16 APY
Bitpanda dYdX (ETHDYDX) 1,59 APY
SwissBorg dYdX (ETHDYDX) 0,35 APY
Consulta todos los 9 precios
2. Select a dYdX Wallet
Once you have ETHDYDX, you'll need to choose a dYdX wallet to securely store your tokens. Here are some solid options to consider.
Plataforma Cripto Staking rewards
Bitget dYdX (ETHDYDX) Hasta 14% APY
3. Delegate Your ETHDYDX
We recommend using a staking pool when staking ETHDYDX. It's simpler and faster to get started. A staking pool is a group of validators who combine their ETHDYDX, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
4. Start Validating
You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the dYdX network. You'll be rewarded with ETHDYDX for these validations.

Plataforma	Cripto	Price
PrimeXBT	dYdX (ETHDYDX)	0,16 APY
BingX	dYdX (ETHDYDX)	0,16 APY
Bitget	dYdX (ETHDYDX)	0,88 APY
Bitmart	dYdX (ETHDYDX)	0,16 APY
Bitpanda	dYdX (ETHDYDX)	1,59 APY
SwissBorg	dYdX (ETHDYDX)	0,35 APY

Plataforma	Cripto	Staking rewards
Bitget	dYdX (ETHDYDX)	Hasta 14% APY

What to Keep in Mind

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 will need to generate blocks, and this process can take some time.