Where and How to Stake StrikeX (STRX)

Introduction

Staking StrikeX can be a great option for those who want to hold STRX 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 StrikeX (STRX) Tokens

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

   Platform	Coin	Price
   BingX	StrikeX (STRX)	0.03
   Bitmart	StrikeX (STRX)	0.03

2. 2. Choose a StrikeX Wallet

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

   Platform	Coin	Staking rewards
   Bitmart	StrikeX (STRX)	Up to 1.00 APY

3. 3. Delegate Your STRX

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