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DOMAINS TOKEN-G

Ronald Maguire

23 April 2022 294 Read Crypto , Altcoins , Resources

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How can I stake AVAX?

Staking can be done to secure the Avalanche ecosystem and AVAX rewards can be earned in return. Staking on Avalanche with PoS blockchain algorithm requires being an authorizer or a validator. To stake AVAX, you must first create an account on Avalanche's official wallet. Then it is necessary to send AVAX to this account and transfer these AVAX's to P-Chain.

You must then select a validator by clicking on the Earn page. Here, after choosing a validator, you can continue by choosing your staking period and the amount of AVAX you want to stake. When you confirm the transaction, you will have staked AVAX.

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