How to stake TRON (TRX & USDT)
Tutorial to Stake Your TRX or USDT on Tron. 200% profit in month.
What is Tron?
Tron is a layer-1 blockchain network with a mission to create a decentralized internet. It addresses issues related to data ownership and allows users to create and share content on a distributed ledger without centralized control. Tron aims to advance internet decentralization through blockchain technology and decentralized applications (dApps). The native token of the Tron network, TRX, is used for a variety of purposes including trading, staking, delegating, transaction fee payments, and governance voting. This guide will walk you through the steps to stake your TRX tokens on the Tron network.
Where to buy TRX
You can acquire TRX tokens on a cryptocurrency exchange, through a decentralized exchange (DEX), or via certain wallets. It’s always important to conduct your own research when choosing a reputable cryptocurrency exchange. To enhance security, it’s advised not to leave your tokens on an exchange; instead, transfer them to a non-custodial or cold/hardware wallet after purchasing them.
Tron wallets
Tron offers a range of non-custodial wallets to suit your needs. We suggest opting for a hardware wallet like Ledger, but if that’s not an option, you could consider Trust Wallet. Here are some of the compatible wallets:
How to connect Tron (TRX) to Trust Wallet
Set up Trust Wallet, import TRX to the wallet:
- click the button at th top-right
- find “Tron” in search menu
Now you have connected Tron to Trust Wallet!
How to stake Tron (TRX)
Step 1: Make sure you have a Tron wallet
Stake your TRX tokens with wallets like Ledger, Trust Wallet, Tron Wallet, and others. For this staking guide, we’ll focus on Trust Wallet. Trust Wallet is a well-known wallet within the Tron ecosystem that allows users to stake tokens, access blockchain applications, and manage various tokens in one place. You can either connect your Ledger device to Trust Wallet or use Trust Wallet directly to stake TRX. To get started, download Trust Wallet from here. Make sure to deposit your tokens into Trust Wallet before moving on to step 2.
Step 2: Go to the Tron staking portal and choose a validator
Once you’re in your wallet, begin the staking process by selecting validators. We suggest choosing validators that are verified through the Verified Staking Provider (VSP) Program. You can identify these verified validators by the blue checkmark next to their names on the Tron profile page. If you’re not sure how to choose a validator, check out the FAQ section titled ‘Selecting Tron validators’ above for additional guidance.
- Click on your TRX tokens and then ‘Stake’
- Now you will see a staking interface, if you decide to proceed the staking, go to ‘Stake’ again
Step 3: Finalize the transaction
- Enter the amount of TRX tokens you would like to stake
- ‘Next’
- ‘Confirm’
Ensure you do NOT stake your entire available balance. You MUST leave at least 1 TRON token for gas fees, as this cost can fluctuate depending on the Tron network activity.
Congratulations! You have successfully staked your TRX or USDT tokens and will begin earning those enticing staking rewards.
Step 4: Track staking portfolio
- Use staking dashboard to track your staked TRX or USDT
Step 5: How to Unstake TRX
To unstake your TRX tokens, follow the steps below:
- On the staking dashboard, tap on ‘Frozen’
- ‘Unstake’ to proceed
Maximizing Staked Tron (TRX)
Now that you’ve staked your TRX, there are 3 options you can use to adjust your staking position. You can find these options on the Tron Staking Portal. They are:
- Stake more
- Restake reward
- Claim reward and unbond
Stake more
To stake more, you can delegate additional TRX tokens to your existing validator or choose a different validator. Follow the instructions outlined in Steps 2 and 3 above to do this.
Restake ward
TRX staking rewards are not auto-compounded, which means that to maximize your returns, you may want to claim and stake your rewards more frequently. You can claim your TRX rewards once every 24 hours, but remember that each transaction involves gas fees. To find the best re-staking frequency for your TRX holdings, consider using our Staking Calculator to optimize your staking strategy.
Claim reward and unbond
You can claim your rewards and unbond your staked tokens on the same staking interface 3 days after you’ve staked your TRX tokens.
Conclusion
Staking is a crucial component of Proof-of-Stake blockchains and offers various benefits for both investors and the network, such as:
- Investors earn yield
- Stakers become eligible for airdrops
- Staking from multiple participants helps decentralize the network
- Stakers can participate in governance
Congratulations! You are now not only maximizing your investment with compounded returns, but also (in)directly contributing to the decentralization and security of the Tron network. By staking, you are supporting the long-term success of your investment! Tron relies on active stakers like you to thrive over time.
Now share this tutorial with your friends so they can start staking too!
