How to Stake
Earn rewards for each block added to the Cardano chain in 3 steps:
1
BUY ADA from regulated cryptocurrency exchanges or trade your existing crypto coins.
3
DELEGATE your stake in ADA to the UBX Staking Pool and start earning rewards.
Staking ADA
Acquiring ADA
Since ADA is already an established cryptocurrency, it is offered on many platforms. Buy ADA through a regulated cryptocurrency exchange or trade your existing crypto coins such as BTC or USDT.
Installing a wallet for staking
Daedalus and Yoroi are examples of wallets that have staking-specific features. Daedalus is available for download on desktop while Yoroi can be installed as an extension or a mobile app.
Transferring ADA to a wallet
Withdraw ADA and transfer it to a Daedalus or Yoroi wallet. Simply generate a wallet address to receive ADA into your external wallet with staking-specific features.
Delegating your ADA to a stake pool
Confirm your delegation by entering the Pool ID to your Cardano wallet. Check dashboards and delegation cycles to verify each staking transaction. Estimate how much you can earn by using Cardano’s calculator here.
Staking Pool Details
Stake Addresses and Fees
Ticker | Pool Id | Fees |
---|---|---|
UBX1 | 92a10197f76a6bf4e27f9c813a80b532d231e5b99da72603b2cd65fb | 5% |
Kindly refrain from transferring ADAs to the address above, it only serves as a Pool ID. More essential guides on Cardano and staking coming soon! |
Ticker: UBX1 |
Pool Id: 92a10197f76a6bf4e27f9c813a80b532d231e5b99da72603b2cd65fb |
5% Fees |
Kindly refrain from transferring ADAs to the address above, it only serves as a Pool ID. More essential guides on Cardano and staking coming soon! |