How to Stake Adrena (ADX)

Introduction

Staking Adrena 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 Adrena (ADX) Tokens

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

   Platform	Mint	Cost
   Binance	Adrena (ADX)	0,14
   Gate.io	Adrena (ADX)	0,14
   HTX	Adrena (ADX)	0,14
   PointPay	Adrena (ADX)	0,14
   WhiteBit	Adrena (ADX)	0,14
   WhiteBit	Adrena (ADX)	0,14

   View all 10 prices

2. 2. Select a Adrena Wallet

   Once you have ADX, you'll need to choose a Adrena wallet to store your tokens securely. Here are some solid options to consider.

   Platform	Mint	Staking rewards in South Africa
   Binance	Adrena (ADX)	Up to 2,5% APY

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 Adrena 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.