Introduction

Staking AdEx can be an excellent choice for those looking to hold ADX while earning APY in a secure manner and supporting the network. The process might seem a bit overwhelming, particularly if you're doing it for the first time. That's why we've created this guide specifically for you.

Step-by-Step Guide for Ugandan Investors

1. 1. Acquire AdEx (ADX) Tokens

   To stake AdEx, you first need to acquire it. To obtain AdEx, you will have to buy it. You can select from these well-known exchanges available in Uganda.

   E-platform	Coin	Cost
   Bitpanda	AdEx (ADX)	0.2 APY
   CoinEx	AdEx (ADX)	0.1 APY
   MEXC Global	AdEx (ADX)	0.12 APY
   Probit	AdEx (ADX)	0.07 APY

   See all 6 prices in Uganda

2. 2. Select a AdEx Wallet

   Once you have ADX, you'll need to select a AdEx wallet to securely store your tokens. Here are some reliable options to consider.

3. 3. Delegate Your ADX

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

4. 4. Start Validating

   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 AdEx network. You'll be rewarded with ADX for these validations.

What to Keep in Mind

There are transaction and staking pool fees you need to keep in mind. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, which can take a bit of time.