Introduction
Staking XAI can be an excellent option for those who wish to hold x 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 XAI (x) Tokens
To stake XAI, you need to possess it. To obtain XAI, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a XAI Wallet
Once you have x, you'll need to choose a XAI wallet to store your tokens. Here are some suitable options.
3. Delegate Your x
We recommend using a staking pool when staking x. It's simpler and quicker to get started. A staking pool is a group of validators who combine their x, 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 XAI network. You will be rewarded with x 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
missing en-gb translation: common.latest-movements-copy
