How do I stake Polkadot (DOT)?

Crypto staking is the process of actively participating in transaction validation on a blockchain (similar to mining) through a proof-of-stake (PoS) protocol allowing users to stake their digital assets and earn rewards.

Ndax’s staking model ensures that users can easily stake their Ethereum, Polkadot, Cardano, Polygon, and The Graph holdings on Ndax and earn competitive reward rates, yielding up to 12% Annual Percentage Yield (APY).

• Learn more about staking on Ndax here: Ndax Staking
• Learn more about how crypto staking works here: What is Staking? How Crypto Staking Works & More

Web

• Login to your Ndax account
• Select Staking on the left-hand side toolbar
• Scroll down to Asset, select Polkadot (DOT) and click Stake
• Select a staking plan and the amount you would like to stake
• Click Continue
• Review the details of the plan and click Start Staking

That’s it! You are now staking!

Mobile App

• On your Ndax mobile app, click Wallet.
• Click Staking on the sub-menu. 
• Select Polkadot (DOT)
• Click the blue Stake button > Read and agree to Ndax's staking disclaimer. 
• Select a staking plan and the amount you would like to stake. You can also choose 25%, 50%, 75%, or 100% of your balance.
• Click Continue.
• Review the details of the plan and click Start Staking

That’s it! You are now staking!