Introduction

Staking Enjin Coin can be a great option for those who want to hold ENJ but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Enjin Coin (ENJ) Tokens

   In order to stake Enjin Coin, you need to have it. To obtain Enjin Coin, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Kraken	Enjin Coin (ENJ)	0.09
   OKX	Enjin Coin (ENJ)	0.1
   Binance	Enjin Coin (ENJ)	0.09
   BTSE	Enjin Coin (ENJ)	0.09
   Coinbase	Enjin Coin (ENJ)	0.29
   MEXC Global	Enjin Coin (ENJ)	0.09

   See all 49 prices

2. 2. Choose a Enjin Coin Wallet

   Once you have ENJ, you'll need to choose a Enjin Coin wallet to store your tokens. Here are some good options.

3. 3. Delegate Your ENJ

   We recommend using a staking pool when staking ENJ. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ENJ, which gives them a higher chance of validating transactions and earning rewards. You can do 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 Enjin Coin network. You'll be rewarded with ENJ for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.