🔐 What is ADA staking?
It's like "putting your ADA coins to work" by delegating them to a validation pool to help maintain the network, and in return, you earn rewards approximately every 5 days.
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✅ OPTION 1: From your MOBILE PHONE (using Yoroi or Eternl Wallet)
These are the most recommended wallets:
📱 STEPS with Yoroi Wallet (available on iOS and Android)
1. Download the app "Yoroi Wallet" from your store.
2. Create a new wallet (make sure to keep your security phrase safe).
3. Send your ADA from Binance or Bitso to your address in Yoroi.
4. Once your ADA is in Yoroi:
• Tap on the "Delegation List" tab.
• Choose a staking pool (one with a good reputation and performance).
• Click on "Delegate" and confirm.
5. Done! You are staking. You will start receiving rewards every 5 days (an "epoch").
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✅ OPTION 2: From Binance (easier but with less control)
1. Log into your Binance account.
2. Go to "Earn" > "Simple Earn".
3. Look for ADA and choose a staking option (locked or flexible).
4. Select the amount and confirm.
🔸 Note: Binance takes a portion of the rewards, but it’s easier if you don’t want to use external wallets.
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🔁 When do I get paid?
• Staking on Cardano pays every 5 days.
• The first payment may take approximately 15 days after delegating.
