A Comprehensive Guide to Staking and Earning Rewards for ToLcoin
Staking cryptocurrency has become a popular way for investors to get passive income to explore the ToLcoin ecosystem. ToLcoin is a prospective digital currency that you can stake and get rewards for. We’ll walk you through each stage of staking ToLcoin in this step-by-step guide, from setting up your wallet to selecting a staking strategy to receiving rewards. Let’s move forward!
Step 1 — Download and Install the ToL Staking Application.
This is the first step to start your journey of staking. The app is available on both the Apple App Store and the Google Play Store for iOS and Android users, respectively. You should always make sure to install the app from Google Play and App Store and not from any other sites.
Step 2 — Create/Register Your Account
Now it’s time to register and create your ToLcoin account after installing the ToL Staking application. To avoid any confusion, you must do as follows:
1. Open the ToL Staking application and select “Register” to create your account.
2. Provide the required information, such as your name, username, phone number, and email address. Put a secure password to increase your security.
3. To finalize the registration procedure, Check (☑) the privacy policy and terms of service boxes.
4. Look for the OTP (One-Time Password) that ToLcoin issued in your provided email. If you are not able to find the OTP just refresh your email or check for it in Spam folder.
5. To confirm the creation of your account enter the OTP.
Your account will be generated and you’ll get a private key after the verification process has been successful. Copy and download your private key as it will be needed in the future when signing in.
Note: Keep this key in a safe place carefully as it can’t be retrieved once it is lost. The company won’t be liable for any losses incurred due to the loss of private key. Do not share your private key to anyone.
Step 3 — Add ToLcoin to Your Wallet
You must first add ToLcoin to your wallet to start staking it. To do this, follow the steps:
1. Open the ToL Staking app and select your wallet.
2. To see the information about your wallet, click the “Wallet” section.
3. To start the deposit procedure, select “Deposit”.
4. Your public wallet address will be shown on a new page that loads. Copy that address as you will be able to transfer your ToLcoin from this address or an external location (an exchange or another wallet).
5. Make the investment in your wallet by clicking “Invest” button and wait for transaction to process.
6. Refresh your wallet page when the transaction has been confirmed to see your ToLcoin and BNB balance available.
Step 4 — How to Stake ToLcoin
Once you have ToLcoin in your wallet, now it’s time to stake. Follow these steps:
1. Go to the ToL Staking app’s home page.
2. To view the offered staking plans, click the ToLcoin symbol.
3. Examine the various plans, including fixed and flexi ones, and select the one that best meets your goals and financial objectives.
4. After selecting a plan, click “Select” to submit your selection.
5. You will be asked how much ToLcoin you want to stake. Enter the amount, then submit the form.
Congratulations! You have now successfully staked ToLcoin.
Remember to check in daily to collect your rewards and track your staking progress.
To collect your rewards.
1. Go to the ToL Staking app’s home page.
2. Tap on the ToLcoin symbol once and wait for a few seconds for the staking to be successful. If successful, you will get a pop-up notification that says “Staked Successfully”
Here’s a video illustration on how to press the Stake button correctly.
Conclusion
The simple procedure of staking ToLcoin enables you to earn daily rewards.
These daily rewards can turn into reliable passive income so be sure to not miss a day of tapping the stake button.
Happy Staking!
If you’re a more visual person: Here’s a video tutorial on how to Stake ToLcoin on ToL Staking app
