How To: Stake EOS on Exodus
If you’re looking to stake your EOS on Exodus, then you have come to the right place! Staking is a new cryptocurrency strategy that allows investors to earn passive income without having to do as much work as miners in a Proof of Work Consensus model. Many different coins have enabled staking, such as EOS, Tezos, PIVX, and much more.
If you run into any problems when staking EOS, you can contact the Support Staff, and they will be able to help you.
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Introduction
Today we will be looking at the steps you need to take to stake your EOS on Exodus Wallet. This entire process should take around ten minutes and will enable you to start earning passive EOS income!
Steps to Stake
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Step 1: Open Exodus and click on “Wallet” on the left side of the client. On the top right corner, you will now see an “Advanced’ option. Click on it to begin the next section.
Step 2: As you scroll down, you will see a “staking” option that will allow you to select your CPU and NET. These are both the maximum amount of EOS that you can stake.
Step 3: You should enter the amount of EOS you would like to stake and then click on the “Stake EOS” button that is located on the bottom.
Step 4: You will get a confirmation window that will give you some additional information on staking that you can read, and when you’re ready, you can click “Continue.”
Step 5: The staking process will take a few minutes, and then you will get a message on Exodus that reads “Staked Successfully.”
Congratulations, you have successfully staked your EOS tokens, and the rewards will be added to your account.
Conclusion
Staking EOS has been made accessible on Exodus due to their graphical interphases. Staking is a great way to earn passive income as you will earn rewards for locking your funds in for a period. If you would like to remove your funds, you will be able to on the Exodus platform as well. Exodus has been named one of the best crypto wallets due to its impressive staking integrations that allow users to quickly and conveniently stake their cryptocurrency.