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How to Stake Tron (TRX) on Trust Wallet

The TRON project functions with a native cryptocurrency named TRX (Tronix), which has earned numerous fans. The coin has had a few ups and downs since its launch but has gained a relatively steady pool of investors and users who utilize the asset for various purposes, including staking.

How to Stake Tron (TRX)?

Staking crypto coins or tokens makes it possible to increase your assets by locking some of the amounts in your wallet. This system allows holders to earn profits without using mining hardware like the PoW (Proof-of-Work) consensus to make the network secure, validate blocks, and get block rewards.

​Staking Tron can be a relatively challenging task for beginners, but this simple guide on how to stake your TRX coins in a Trust wallet app should help you get on with the process just fine.

To stake your Tron, follow the steps below:​

Prepare the TRX Coins

  • Download the Trust wallet app if you don’t have it already and launch it.
  • Head to the ‘Finance’ tab to see all the tokens that can be staked on your wallet.
  • Find TRON (TRX) and tap on it – make sure to confirm that your balance is accurately showing.
  • If you do not see TRX on your wallet, tap the ‘+’ icon on the upper right corner and search for it, then use the toggle to add the coin.

Access the Staking Menu

  • Click on the ‘More’ option to access the ‘Staking Menu.’
  • Head to the ‘Stake Details’ if you want to read more about staking TRON and your current staking status.
  • Click on the ‘Stake’ section if you want to go to the initial staking screen.
  • If you want to unstake your tokens and stop getting rewards, head to ‘Unstake’ and claim the generated rewards.

Choose a Validator

  • Type in the amount of TRX you want to stake or tap on ‘Max’ to select all tokens – keep in mind that the minimum amount to stake is 1 TRX.
  • Remember to keep some tokens to pay for the fees (at least 1 TRX), choose your wanted validator, and tap on ‘Next.’

Before you continue, you must know that your coins will be held for three days, which means you cannot move or transfer them. After these three days, you are free to unstake your tokens if you wish so or leave them staked to earn rewards.

Send the Transaction to the Network

  • Review the transaction details to make sure everything is how it’s supposed to be.
  • Tap on the ‘Send’ option when you are ready to proceed
  • The screen will automatically go back to the TRX wallet, and a pending notification will show up while the network confirms the transaction.

Confirm the Transaction

Once the staking process completes, the wallet will automatically display the coins that are staked and frozen. You can check for more details about this by tapping the ‘More’ option and ‘Stake Details.’

The Bottom Line

The Tron network allows users to become Super Representatives, which are obligated to generate blocks and package transactions, as well as voting rewards and block rewards. To become one of them, you need to be among the top 27 candidates that have the most votes. Every account in the network can vote for the Super Representatives they support. Voting requires Tron Power (TP), which is calculated by the users’ frozen balance.

When storing your Tron (TRX), you should consider keeping them in a secured place, either in hardware or a digital wallet. The process of staking Tron is actually not that difficult, and this guide should make it easier for you to carry it out to completion.

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