Introduction

Staking FTX can be a great option for those who want to hold FTT 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 FTX (FTT) Tokens

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

   Platform	Coin	Price
   YouHodler	FTX (FTT)	0.81
   MEXC Global	FTX (FTT)	0.81
   Bitget	FTX (FTT)	0.81
   Bitmart	FTX (FTT)	0.81
   BingX	FTX (FTT)	0.81
   Wirex	FTX (FTT)	1.44

   See all 12 prices

2. 2. Choose a FTX Wallet

   Once you have FTT, you'll need to choose a FTX wallet to store your tokens. Here are some good options.

3. 3. Delegate Your FTT

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