Where and How to Stake AdEx (ADX)

Introduction

Staking AdEx can be a great option for those who want to hold ADX but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain AdEx (ADX) Tokens

   In order to stake AdEx, you need to have it. To obtain AdEx, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitpanda	AdEx (ADX)	0.18
   Kraken	AdEx (ADX)	0.18
   Binance	AdEx (ADX)	0.18
   Kucoin	AdEx (ADX)	0.17

   See all 4 prices

2. 2. Choose a AdEx Wallet

   Once you have ADX, you’ll need to choose a AdEx wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Binance	AdEx (ADX)	Up to 2.5 APY

3. 3. Delegate Your ADX

   We recommend using a staking pool when staking ADX. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ADX, which gives them a higher chance of validating transactions and earning rewards. You can do 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 be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.