Introduction
Staking Flux can be a great option for those who want to hold flux 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. Obtain Flux (flux) Tokens
In order to stake Flux, you need to have it. To obtain Flux, you'll need to purchase it. You can choose from these popular exchanges.
See all 32 pricesPlatform Coin Price Uphold Flux (flux) 0.32 Binance Flux (flux) 0.32 MEXC Global Flux (flux) 0.55 Bitget Flux (flux) 0.32 Kucoin Flux (flux) 0.32 Gate.io Flux (flux) 0.32 2. Choose a Flux Wallet
Once you have flux, you'll need to choose a Flux wallet to store your tokens. Here are some good options.
3. Delegate Your flux
We recommend using a staking pool when staking flux. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their flux, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Flux network. You'll be rewarded with flux 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.
Latest Movements
- Market cap
- $17.66M
- 24h volume
- $213,000
- Circulating supply
- 17.18T flux