Introduction
Staking AdEx can be an excellent option for those who wish to hold ADX while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.
Step-by-Step Guide
1. Obtain AdEx (ADX) Tokens
To stake AdEx, you need to possess it. To obtain AdEx, you'll need to purchase it. You can choose from these popular exchanges.
View all 6 pricesPlatform Coin Price Bitpanda AdEx (ADX) 0.2 CoinEx AdEx (ADX) 0.1 MEXC Global AdEx (ADX) 0.12 Probit AdEx (ADX) 0.07 2. Choose a AdEx Wallet
Once you have ADX, you'll need to choose a AdEx wallet to store your tokens. Here are some suitable options.
3. Delegate Your ADX
We recommend using a staking pool when staking ADX. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ADX, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
4. Start Validating
You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the AdEx network. You will be rewarded with ADX for these validations.
What to Be Aware Of
There are transaction and staking pool fees you need to consider. There may also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
Latest Movements in the UK
- Market capitalisation
- US$28.84M
- 24-hour volume
- US$7.65M
- Circulating supply
- 144.05M ADX
