How to Stake XAI (x)

Introduction

Staking XAI can be an excellent choice for those looking to hold x 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 XAI (x) Tokens

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

   Piattaforma	Criptovaluta	Value
   BingX	XAI (x)	0.05 APY
   Bitget	XAI (x)	0.05 APY
   Bitmart	XAI (x)	0.05 APY
   Bitpanda	XAI (x)	0.35 APY

   Check out all 7 prices

2. 2. Select a XAI Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Bitmart	XAI (x)	Up to 1% APY

3. 3. Delegate Your x

   We recommend using a staking pool when staking x. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their x, 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 XAI network. For these validations, you'll receive rewards in x.

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.