Introduction
Staking eCash is an excellent choice for those looking to hold XEC 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 eCash (XEC) Tokens
To stake eCash, you first need to acquire it. You can purchase eCash from various popular exchanges.
View all 24 pricesPlatform Coin Cost Binance eCash (XEC) 0.00001147 BingX eCash (XEC) 0.00001145 Bitmart eCash (XEC) 0.00002046 Bitpanda eCash (XEC) 0.00004911 CoinEx eCash (XEC) 0.00001144 FMFW.io eCash (XEC) 0.00001055 2. Select a eCash Wallet
Once you have XEC, you'll need to select a eCash wallet to keep your tokens safe. Here are some great options.
3. Delegate Your XEC
We suggest using a staking pool for staking XEC. It's easier and quicker to start. A staking pool consists of validators who pool their XEC, 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 eCash network. You will be rewarded with XEC 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
- $703.14M
- 24-hour trading volume
- $36.02M
- 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.
- 19.81T XEC
