Where and how to stake COMDEX (CMDX)

Introduction

Staking COMDEX can be a great option for those who wish to hold CMDX while earning yield in a safe manner and contributing to the network. The steps can be somewhat daunting, especially the first time you do them. That’s why we have put together this guide for you.

Step-by-Step Guide

1. 1. Acquire COMDEX (CMDX) Tokens

   To stake COMDEX, you need to have it. To obtain COMDEX, you'll need to buy it. You can choose from these popular exchanges.

2. 2. Select a COMDEX Wallet

   Once you have CMDX, you’ll need to choose a COMDEX wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Stakewolle	COMDEX (CMDX)	Up to 37.24% APY
   Stakin	COMDEX (CMDX)	Up to 15% APY
   Valid Blocks	COMDEX (CMDX)	Up to 35% APY

   See all 6 staking rewards

3. 3. Delegate Your CMDX

   We suggest using a staking pool for staking CMDX. It's easier and quicker to get started. A staking pool is a collection of validators who combine their CMDX, which increases their odds of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You'll have to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the COMDEX network. You'll be rewarded with CMDX for these validations.

What to Keep in Mind

You need to keep in mind the transaction and staking pool fees. Additionally, there might be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this can take a while.