How can I start staking Zilliqa and earn passive income?
Mogila228773Dec 27, 2021 · 3 years ago1 answers
I'm interested in staking Zilliqa and earning passive income. Can you provide me with a step-by-step guide on how to start staking Zilliqa?
1 answers
- Dec 27, 2021 · 3 years agoStarting to stake Zilliqa and earn passive income is easier than you might think! Here's a step-by-step guide: 1. Acquire Zilliqa tokens by purchasing them on a reputable exchange like Binance or BYDFi. 2. Transfer your Zilliqa tokens to a wallet that supports staking. Popular options include Moonlet, ZilPay, and Ledger. 3. Find a staking platform that supports Zilliqa. Some well-known platforms are Moonlet Staking, Zillacracy, and Zilliqa's official staking platform. 4. Create an account on the chosen staking platform and set up your staking address. 5. Delegate your Zilliqa tokens to a staking pool or validator node. 6. Sit back and watch your Zilliqa tokens generate passive income through staking rewards. Remember to research different staking platforms and consider factors like fees, rewards, and security before making a decision. Happy staking!
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