Introduction

Staking WazirX can be a great option for those who wish to hold WRX 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 WazirX (WRX) Tokens

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

   Platform	Coin	Price
   Binance	WazirX (WRX)	0.02
   Bitmart	WazirX (WRX)	0.05
   Kucoin	WazirX (WRX)	0.05
   Gate.io	WazirX (WRX)	0.02
   FMFW.io	WazirX (WRX)	0.02

   See all 7 prices

2. 2. Select a WazirX Wallet

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

3. 3. Delegate Your WRX

   We suggest using a staking pool for staking WRX. It's easier and quicker to get started. A staking pool is a collection of validators who combine their WRX, 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 WazirX network. You'll be rewarded with WRX 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.