Introduction
Staking HTX DAO can be a great option for those who want to hold HTX 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 HTX DAO (HTX) Tokens
In order to stake HTX DAO, you need to have it. To obtain HTX DAO, you'll need to purchase it. You can choose from these popular exchanges.
See all 20 pricesPlatform Coin Price BTSE HTX DAO (HTX) 0 Bitfinex HTX DAO (HTX) 1.5 Bitget HTX DAO (HTX) 0.000002154 CoinEx HTX DAO (HTX) 0.000002144 Gate.io HTX DAO (HTX) 0.000002153 Hotcoin HTX DAO (HTX) 0.00000216 2. Choose a HTX DAO Wallet
Once you have HTX, you'll need to choose a HTX DAO wallet to store your tokens. Here are some good options.
3. Delegate Your HTX
We recommend using a staking pool when staking HTX. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their HTX, 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 HTX DAO network. You'll be rewarded with HTX 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.
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