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 may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. 1. Acquire AdEx (ADX) Tokens

   To stake AdEx, you first need to acquire it. To obtain AdEx, you'll need to buy it. You can select from these popular exchanges available in South Africa.

   Platform	Mint	Cost
   Bitpanda	AdEx (ADX)	0,2
   CoinEx	AdEx (ADX)	0,1
   MEXC Global	AdEx (ADX)	0,12
   Probit	AdEx (ADX)	0,07

   View all 6 prices

2. 2. Select a AdEx Wallet

   Once you have ADX, you'll need to choose a AdEx wallet to store your tokens securely. Here are some solid 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 take into account. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this process can take some time.