Introduction

Staking eCash can be an excellent choice for those looking to hold XEC while earning APY in a secure manner and supporting the network. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. 1. Acquire eCash (XEC) Tokens

   To stake eCash, you must first acquire it. To obtain eCash, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Binance	eCash (XEC)	0,00001147 APY
   BingX	eCash (XEC)	0,00001145 APY
   Bitmart	eCash (XEC)	0,00002046 APY
   Bitpanda	eCash (XEC)	0,00004911 APY
   CoinEx	eCash (XEC)	0,00001144 APY
   FMFW.io	eCash (XEC)	0,00001055 APY

   Check out all 24 prices

2. 2. Select a eCash Wallet

   Once you have XEC, you'll need to select a eCash wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.

3. 3. Delegate Your XEC

   We recommend using a staking pool when staking XEC. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their XEC, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin the Validation Process

   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 eCash network. For these validations, you'll receive rewards in XEC.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.