Tezos staking guide via Temple Wallet

 Tezos staking guide via Temple Wallet

Tezos is a blockchain intended to develop and drive the Web3 transformation. Marking your XTZ permits you to latently procure compensations for your assistance to get the Tezos organization.

This guide will show you how to stake Tezos using the Temple Wallet.

Step1: Create an account of Temple wallet

First open the Temple Wallet download page, select the version for your browser, and click 'Install'. 

The app store for your browser will open. Click 'Add to Chrome'.

After installation, the wallet start page will open. Click 'Create a new wallet'.

Please create a strong password for your wallet.  Then accept the terms of the user agreement and click 'Create'.  

Click on the area with the backup phrase to display it, and then write it down on paper. You need to store the mnemonic phrase in a secure place because without it you will not be able to restore the wallet.Do not share your seed phrase with anyone.

Tick the box next to 'I made Seed Phrase backup' and click 'Continue'. Then your wallet is ready to use.

Step 2: Funding of the Temple Wallet 

You need to top up it before staking XTZ. Simply click the 'Receive' button to receive the Tezos wallet address.

XTZ is tradeable on several top exchanges like Binance, Coinbase, Bitfinex, and many more. Once XTZ is bought, it can be withdrawn to the XTZ address (marked with red box)generated on the newly created wallet.

Step 3: Stake your Tezos

Click 'Delegate' button.

Then click 'Delegate' button to continue.

Copy Coinpayu baker address tz1aU7vU1iR21k6CAB7RZ6kQKu4MHZo6pCnN to fill in the table. Click 'Delegate' button to continue.

Click 'Confirm' button to approve the delegation.

The Temple Wallet status will be updated as soon as the transaction is confirmed.When the XTZ are staked, you will see the following picture.

On the Temple Wallet home page, you will see your active delegation.