How to stake AVAX (Avalanche)

Overview:

Website: Fastest Performing and Secure DeFi Wallet | Avalanche Wallet (avax.network)

I. Create a wallet

1. You need an Avalanche Wallet. Create a new one or access your existing wallet here.

<aside> 💡 If you already have your Avalanche Wallet can skip to step 2

</aside>

https://lh3.googleusercontent.com/ZuAcMHCHOyigFt5f2geWlwCq5rzd6kNg16OhMsiAfGX95p9xyrawlRxwcrhez_2TBfMJyDjm5VhVzQKRSBSv-eEOnkYTap4tEMCGSaZTQfWi9F2tAvyoFh5w_zTBi1vcI_-DnmViFSCH1sCleegE1A0

• 1.1 To create an Avalanche Wallet, click on the button on the right and proceed;

2. For existing Avalanche Wallet owners, click on the left button and enter one of the following information and proceed;

https://lh4.googleusercontent.com/hc8u9M71J0Ck62fBGcXEUu_PKU5KIl9kMPM-bhHobV2qIQMH2NHvxNmdd-iohq2Lmru0fzNwyk1JDbwUW_7aSLXz5JfRRqEpMVrtD3RoswuyyDvOzqI0xBk79P9zgXwMTr-e_maQu1DFg0tPd8fltDo

II. Purchase some AVAX

1. You will need some $AVAX to start staking, there are some tips about the Avalanche Network that you should keep in mind:
2. X-Chain address is to receive funds. Your address will change after every deposit. You can keep using previous addresses.
3. P-Chain address is to receive staking rewards and cross chain transfers.
4. C-Chain address is to interact with the ethereum virtual machine.
5. We will be using P-chain to conduct staking activities, you may need to swap your coins to the correct chain beforehand.

https://lh3.googleusercontent.com/0YdFbwPdILz0WopNJxGryoa65i2b5-IXLWFyrDn1zqdstcEJxIltcb4PEXa_AKSlKMeR1pIVWrZ32-ftvneuoxjfXMCQsgnHiVZEKc_V519bbDVgb24MGZfpdUzJ4NKlskUBRfCW2oJGCW6P8LG-NLM