Where and how to stake NULS (NULS)

Introduction

Staking NULS can be a great option for those who wish to hold NULS while earning yield in a safe manner and contributing to the network. The steps can be somewhat daunting, especially the first time you do them. That’s why we have put together this guide for you.

Step-by-Step Guide

1. 1. Acquire NULS (NULS) Tokens

   To stake NULS, you need to have it. To obtain NULS, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   OKX	NULS (NULS)	0.13
   Binance	NULS (NULS)	0.03
   MEXC Global	NULS (NULS)	0.02
   Bitmart	NULS (NULS)	0.14
   BingX	NULS (NULS)	0.01
   Gate.io	NULS (NULS)	0.02

   See all 23 prices

2. 2. Select a NULS Wallet

   Once you have NULS, you’ll need to choose a NULS wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   MyCointainer	NULS (NULS)	Up to 7.2% APY

3. 3. Delegate Your NULS

   We suggest using a staking pool for staking NULS. It's easier and quicker to get started. A staking pool is a collection of validators who combine their NULS, which increases their odds of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You'll have to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the NULS network. You'll be rewarded with NULS for these validations.

What to Keep in Mind

You need to keep in mind the transaction and staking pool fees. Additionally, there might be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this can take a while.