Where and How to Stake Nuls (NULS)

Introduction

Staking Nuls can be a great option for those who want to hold NULS 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 Nuls (NULS) Tokens

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

   Platform	Coin	Price
   Bitpanda	Nuls (NULS)	0.30
   OKX	Nuls (NULS)	0.29
   Binance	Nuls (NULS)	0.30
   Bitmart	Nuls (NULS)	0.30
   BingX	Nuls (NULS)	0.29
   MEXC Global	Nuls (NULS)	0.30

   See all 6 prices

2. 2. Choose 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 7.20 APY

3. 3. Delegate Your NULS

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