Introduction

Staking Covalent X Token can be a great option for those who want to hold CXT 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 Covalent X Token (CXT) Tokens

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

   Platform	Coin	Price
   Uphold	Covalent X Token (CXT)	0.04
   Kraken	Covalent X Token (CXT)	0.03
   OKX	Covalent X Token (CXT)	0.03
   Kucoin	Covalent X Token (CXT)	0.03
   Bitmart	Covalent X Token (CXT)	0.03
   Gate.io	Covalent X Token (CXT)	0.03

   See all 23 prices

2. 2. Choose a Covalent X Token Wallet

   Once you have CXT, you'll need to choose a Covalent X Token wallet to store your tokens. Here are some good options.

3. 3. Delegate Your CXT

   We recommend using a staking pool when staking CXT. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their CXT, 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 Covalent X Token network. You'll be rewarded with CXT 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.