Introduction
Staking AdEx is an excellent choice for those looking to hold ADX while earning yield securely and supporting the network. The process may seem overwhelming, especially for first-timers. That's why we've created this guide to help you through it.
Comprehensive Guide
1. Acquire AdEx (ADX) Tokens
To stake AdEx, you first need to acquire it. You can purchase AdEx from various popular exchanges.
View all 6 pricesPlatform Coin Cost Bitpanda AdEx (ADX) 0.2 CoinEx AdEx (ADX) 0.1 MEXC Global AdEx (ADX) 0.12 Probit AdEx (ADX) 0.07 2. Select a AdEx Wallet
Once you have ADX, you'll need to select a AdEx wallet to keep your tokens safe. Here are some great options.
3. Delegate Your ADX
We suggest using a staking pool for staking ADX. It's easier and quicker to start. A staking pool consists of validators who pool their ADX, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.
4. Begin Validation
You will need to wait for your deposit to be confirmed by your wallet. Once confirmed, you will automatically validate transactions on the AdEx network. You will be rewarded with ADX for these validations.
Key Considerations
Consider the transaction and staking pool fees. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, which can take some time.
Recent Developments
- Market capitalization
- $28.84M
- 24-hour trading volume
- $7.65M
- Circulating supply refers to the total amount of a cryptocurrency or token that is currently available for trading in the market. It excludes tokens that are locked, reserved, or not yet released.
- 144.05M ADX
