How to Stake XLD on XcelPay Wallet: A Step-by-Step Guide to Maximize Your Earnings
Staking, a popular method among crypto enthusiasts, involves the act of locking in your cryptocurrency holdings as a means to earn passive income. If you’re looking to maximize your cryptocurrency holdings and earn rewards in the process, staking $XLD on the XcelPay Wallet is an excellent opportunity. You can earn up to 30% APR!
Today, we will learn the complete process of staking XLD on XcelPay Wallet, and explore the benefits of participating in this exciting staking plan.
Understanding XcelDefi (XLD)
XcelDefi (XLD) is the native token of the XcelPay Ecosystem, which aims to revolutionize the DeFi space by providing users with real-world applications.
XcelDefi (XLD) stands out as a utility token that you can use not only to stake and eran rewards but also to book trips, buy gift cards, buy domain names and more using the XcelPay Wallet app.
XLD has a limited supply, which creates a deflationary mechanism, meaning the total number of tokens in circulation decreases over time, making each token potentially more valuable. As a result, staking XLD can be an attractive option for users seeking to earn passive income while holding onto the valuable token.
A step-by-step guide to stake XLD on XcelPay Wallet
Here’s a complete step-by-step guide on how to stake XLD on XcelPay Wallet!
Step 1: To get started, download the XcelPay Wallet from App Store/ Play Store.
Step 2: Create an account or import if you already have one. It’s quick and easy!
Step 3: Tap on the Menu and navigate to the “Stake and Earn” tab. Alternatively, simply tap on the “XcelPay Stake and Earn is now Live” tab on the home screen.
Register and check out the terms of service and privacy policy.
Step 4: Time to top-up your staking account with XLD from your wallet. If you don’t have XLD yet, don’t worry, you can buy it easily within the app.
Step 5: Now, choose XLD as your staking asset and tap on +New Stake Plan!
Step 6: Decide how much XLD you want to stake and choose your preferred staking plan or duration. The choice is yours!
Step 7: Confirm your stake, and let the XLD work its magic!
Step 8: Double-check all the staking details, and once you’re ready, hit the “Confirm Stake” tab.
Congratulations! You’ve successfully staked your XLD tokens. Now, all that’s left to do is to sit back and relax while your earnings grow!
You will get the rewards once the staking duration ends. Stay patient and keep earning! Get a flat $30 bonus on your first stake! Start your XLD staking plan today!
Don’t wait any longer. Download the XcelPay Wallet app and seize the opportunity to earn passive income today!
Happy Staking!
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