Introduction

Staking Zedxion can be an excellent choice for those looking to hold zedxion 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 Zedxion (zedxion) Tokens

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

2. 2. Select a Zedxion Wallet

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

3. 3. Delegate Your zedxion

   We recommend using a staking pool when staking zedxion. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their zedxion, 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 Zedxion network. You'll be rewarded with zedxion 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.