How to Stake COMDEX (CMDX)

Introduction

Staking COMDEX can be an excellent choice for those looking to hold CMDX while earning APY in a secure manner and supporting the network. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. 1. Acquire COMDEX (CMDX) Tokens

   To stake COMDEX, you must first acquire it. To obtain COMDEX, you'll need to buy it. You can select from these well-known exchanges available in Italy.

2. 2. Select a COMDEX Wallet

   Once you have CMDX, you'll need to select a COMDEX wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.

   Piattaforma	Criptovaluta	Staking rewards
   Stakewolle	COMDEX (CMDX)	Up to 37,24% APY
   Stakin	COMDEX (CMDX)	Up to 15% APY
   Valid Blocks	COMDEX (CMDX)	Up to 35% APY

   Discover all 6 staking rewards available to you

3. 3. Delegate Your CMDX

   We recommend using a staking pool when staking CMDX. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their CMDX, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin the Validation Process

   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 COMDEX network. For these validations, you'll receive rewards in CMDX.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.