Cómo hacer staking de Luminous (LUM)

Introduction

Staking Luminous can be an excellent choice for those looking to hold LUM 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. 1. Acquire Luminous (LUM) Tokens

   To stake Luminous, you first need to acquire it. To obtain Luminous, you'll have to buy it. You can select from these well-known exchanges.

   Plataforma	Cripto	Price
   CoinEx	Luminous (LUM)	2.09 APY
   MEXC Global	Luminous (LUM)	2.07 APY

   Consulta todos los 4 precios

2. 2. Select a Luminous Wallet

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

   Plataforma	Cripto	Staking rewards
   Stakewolle	Luminous (LUM)	Hasta 35.19% APY

3. 3. Delegate Your LUM

   We recommend using a staking pool when staking LUM. It's simpler and faster to get started. A staking pool is a group of validators who combine their LUM, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 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 Luminous network. You'll be rewarded with LUM for these validations.

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.