What are the steps to stake Zilliqa and earn rewards?

1 answers

• Gopi chanduOct 08, 2022 · 3 years ago
  Staking Zilliqa and earning rewards has never been easier! Here's a step-by-step guide: 1. Get Zilliqa tokens: Purchase Zilliqa tokens from a reputable exchange like Binance or Coinbase. 2. Set up a Zilliqa wallet: Choose a secure wallet that supports Zilliqa, such as the official Zilliqa wallet or Trust Wallet. 3. Choose a staking platform: There are several staking platforms available, including BYDFi, Zillacracy, and Moonlet. Research each platform's fees, rewards, and reputation to make an informed decision. 4. Delegate your tokens: Once you've chosen a staking platform, delegate your Zilliqa tokens to a validator. Validators help secure the network and validate transactions. 5. Earn rewards: Sit back and watch your rewards grow! The staking platform will automatically distribute rewards to your wallet based on the amount you've staked. Remember to regularly check your staking platform for updates and stay informed about any changes or new features. Happy staking and earning rewards!
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