How to stake?
Alex avatar
Written by Alex
Updated over a week ago

Staking involves holding and locking up a certain amount of cryptocurrency to support a blockchain network and earn rewards. Here's how you can stake different coins:

  • Staking eGLD:

    • Acquire the amount of eGLD you want to stake by purchasing it on a cryptocurrency exchange or from a payment processor.

    • Choose a staking provider and stake your funds in their pool.

    • Earn rewards based on the Annual Percentage Rate (APR) provided by the selected staking provider.

  • Staking ESDTs on MultiversX:

    • Connect your wallet to xExchange.

    • Go to Metastaking, select the amount you want to stake, and sign the stake transaction.

    • Shortly after, you'll start receiving rewards for your staked ESDTs

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