ICON Staking And Voting Guide Through ICONex Mobile Wallet

Everstake
Everstake
Jan 13, 2020 · 3 min read

ICON’s idea to make many blockchains operable under one ecosystem is what makes this platform so attractive in terms of the current functionality and future development. The Proof-of-Stake consensus algorithm provides a high-security level while allowing all network participants to stake the native cryptocurrency called ICX. In this guide, you will discover a quick step by step guide on ICX staking via mobile ICONex wallet.

Part 1: Staking Process

The ICONex wallet is available both for iOS and Android users, and can be downloaded from the App Store or Google Play.

Please note, that if you want to change your current delegate then it takes from 5 up to 20 days to unstake your ICX tokens.

Moreover, the ICON network doesn’t have a minimum staking amount, so users even with a small number of ICX tokens can participate in the staking process.

Once you install the application, choose to create a new wallet.

Select to create the ICX wallet, enter the desired password, download your wallet Keystore files and a private key.

Once you will be in the main menu click on ‘Thumbs up’ button and choose to ‘Stake’.

In the staking menu you can choose the desired amount of ICX you would like to stake by dragging the slider.

Choose the appropriate amount and click the ‘Submit Button’.

It’s also important to mention, that you may be getting an error during the staking process which is caused by the system clock which differs from your current time zone. In this case, the network will reject your staking attempt until you synchronize your clock with your current geolocation.

Please allow up to an hour for your stake to get confirmed by the network.

Part 2: Voting Process

To vote for a preferable P-Rep please click on the ‘Vote’ button.

Then open the ‘P-Reps’ section.

Click on the ‘Search’ button and enter the ‘Everstake’ into the search query.

Choose the desired amount of voting power by dragging the slide and simply confirm your operation.

***

Everstake is one of the ICON P-reps! Please support us with your vote!

Every single vote matters for us, allowing us to continue developing tools for ICON blockchain and supporting the East European community.

Staking with ICONex Web Wallet
Staking with ICONex Mobile Wallet
Staking with Ledger
How to get ICX rewards
ICON FAQ

***

Website: everstake.one
Twitter: @Everstake_pool
Telegram: @Everstake_chat
Reddit: /r/Everstake/
Medium: medium.com/everstake

Everstake

Everstake is a leading staking service platform providing…

Everstake

Written by

Everstake

Everstake — Staking Service Platform

Everstake

Everstake

Everstake is a leading staking service platform providing secure and reliable solutions to token holders and institutional investors looking to profit off their digital assets. With the running top Validators on the PoS and DPoS markets, Everstake became trusted technical partne

Everstake

Written by

Everstake

Everstake — Staking Service Platform

Everstake

Everstake

Everstake is a leading staking service platform providing secure and reliable solutions to token holders and institutional investors looking to profit off their digital assets. With the running top Validators on the PoS and DPoS markets, Everstake became trusted technical partne

Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore

If you have a story to tell, knowledge to share, or a perspective to offer — welcome home. It’s easy and free to post your thinking on any topic. Write on Medium

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store