Where and How to Stake XPLA (XPLA)

Introduction

Staking XPLA can be a great option for those who want to hold XPLA 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 XPLA (XPLA) Tokens

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

   Platform	Coin	Price
   MEXC Global	XPLA (XPLA)	0.09
   Bitget	XPLA (XPLA)	0.09
   Crypto.com	XPLA (XPLA)	0.09
   Gate.io	XPLA (XPLA)	0.09

   See all 4 prices

2. 2. Choose a XPLA Wallet

   Once you have XPLA, you’ll need to choose a XPLA wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   MyCointainer	XPLA (XPLA)	Up to 19.21 APY
   Everstake	XPLA (XPLA)	Up to 11.69 APY

3. 3. Delegate Your XPLA

   We recommend using a staking pool when staking XPLA. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their XPLA, 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 XPLA network. You’ll be rewarded with XPLA 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.