How to Stake Adrena (ADX) for optimal returns

Introduction

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

Step-by-Step Guide for South Korea's Financial Landscape 1

1. 1. Acquire Adrena (ADX) Tokens

   To stake Adrena, you first need to acquire it. To obtain Adrena, you'll need to purchase it from a cryptocurrency exchange. You can choose from these popular platforms available in South Korea.

   플랫폼	코인	Price
   Binance	Adrena (ADX)	0.11 APY
   Gate.io	Adrena (ADX)	0.11 APY
   HTX	Adrena (ADX)	0.11 APY
   PointPay	Adrena (ADX)	0 APY
   WhiteBit	Adrena (ADX)	0.11 APY
   WhiteBit	Adrena (ADX)	0.11 APY

   Check out all 10 prices

2. 2. Select a Adrena Wallet

   Once you have ADX, you'll need to select a Adrena wallet to securely store your tokens. Here are some recommended options that are popular among Korean users.

   플랫폼	코인	Staking 보상
   Binance	Adrena (ADX)	Up to 2.5% APY

3. 3. Delegate Your ADX in South Korea

   We recommend using a staking pool when staking ADX. It’s more convenient and quicker to get started. A staking pool consists of a group of validators who combine their ADX, increasing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Adrena network. For these validations, you will be rewarded with ADX.

What to Keep in Mind

You should be aware of the transaction and staking pool fees that apply. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time in the process.