STEP BY STEP : HOW TO STAKE EGLD USING XPORTAL MOBILE WALLET

Sommaire :

Cryptocurrency enthusiasts often find themselves navigating a maze of wallets and exchanges. In this confusing sector, xPortalApp emerges as a beacon of simplicity and functionality.

Specifically designed for MultiversX, xPortalApp stands out as a very user-friendly wallet, making it an ideal choice for storing and managing various cryptocurrencies, including $EGLD.

The importance of MultiversX

Before delving into the intricacies of xPortalApp, it’s crucial to understand the importance of MultiversX in the crypto space. MultiversX serves as a multifunctional platform, offering a secure environment for various cryptocurrencies.

Its robust infrastructure makes it a preferred choice for many investors and enthusiasts.

xPortalApp: Your Ideal Portfolio

What sets xPortalApp apart is its intuitive interface, catering to the needs of both novice and experienced users.

Unlike complex wallets that might intimidate users, xPortalApp offers a fluid experience for managing a variety of crypto assets.

Let’s find out how to take advantage of xPortalApp for $EGLD staking.

Navigating the xPortalApp interface

Step 1: Access the xPORTAL Portfolio

To begin your journey with xPortalApp, create a new account or open the existing application on your device. The welcoming interface ensures a smooth integration process.

Step 2: Go to the Earn tab

  • Once inside the application, access the main menu and locate the “Earn” button.
  • Click on it to access $EGLD staking information.
  • Here you’ll find details of the staking providers available and their delegation limits.

Step 3: Staking Tokens

  • Choose a Staking Provider from the list, ensuring that its delegation limit has not been reached.
  • Continue by selecting the amount of $EGLD you wish to stake and confirming the transaction.
  • Wait patiently for the staking to be processed.

Step 4: Transaction details

  • Congratulations! You have successfully staked your $EGLD using xPortalApp.
  • To see the details of the transaction, explore the corresponding section in the application.
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Earning Rewards

Staking $EGLD via xPortalApp goes beyond securing your investment; it actively contributes to the security of MultiversX.

By continuing to support the network, you’ll be rewarded for your contributions.

Management of staked $EGLD

In xPortalApp, you have the flexibility to efficiently manage your stashed $EGLD.

Whether you want to see your stashed amount, claim rewards or unstake your $EGLD, the process is simple and user-friendly.

Benefits of using xPortalApp

The main advantage of xPortalApp lies in its user-friendly interface. Managing cryptocurrencies becomes a hassle-free experience, even for those new to the cryptocurrency world.

For users intimidated by the complexity of other wallets and exchanges, xPortalApp serves as a welcoming solution.

Its simplicity doesn’t compromise functionality, making it an attractive choice for a wide range of users.

Conclusion

In conclusion, using xPortalApp to stake $EGLD brings many benefits to investors and cryptocurrency enthusiasts.

The wallet’s user-friendly interface simplifies cryptocurrency management, offering a seamless experience.

For those hesitant to explore more complex wallets and exchanges, xPortalApp offers a gateway to the cryptocurrency world without the associated intimidation.

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Frequently asked questions (FAQ)

Is xPortalApp compatible with all cryptocurrencies?

Yes, xPortalApp supports various cryptocurrencies, offering a versatile wallet solution.

How long does it take to process a staking transaction?

The processing time for staking transactions may vary, but is generally fast.

Puis-je unstaker mon $EGLD à tout moment ?

Yes, xPortalApp allows users to unstank their $EGLD whenever they want, with a 10-day unstanking period.

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