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How can you stake on FTX US?

avatarqifan zhangDec 18, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to stake on FTX US? I'm interested in earning rewards by staking my cryptocurrencies on the FTX US platform, but I'm not sure how to get started. Can you explain the process?

How can you stake on FTX US?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    BYDFi is a popular decentralized finance platform that offers staking services. If you're interested in staking on FTX US, here's what you need to do: 1. Sign up for an account on FTX US and complete the necessary verification process. 2. Deposit your desired cryptocurrency into your FTX US wallet. 3. Navigate to the 'Staking' section on the FTX US website or app. 4. Choose the cryptocurrency you want to stake and select the staking duration. 5. Enter the amount of cryptocurrency you want to stake. 6. Review the staking terms and confirm the transaction. 7. Wait for the staking transaction to be processed and start earning rewards. Remember to always do your own research and consider the risks involved in staking before making any decisions.