Pundi X Staking: Explained
What is Pundi X?
PundiX is a decentralized platform enabling to buy goods with cryptocurrency in the real world. They have payment terminals at retail outlets, so people can buy something with cryptocurrency and both buyers and sellers are winning on the commission for the deal. All you need to do is to find a seller who has a Pundi XPOS terminal that supports NPXS, BTC, ETH (and ERC-20 tokens), XEM, QTUM (and QRC-20 tokens), ATC, XLM and more other cryptocurrencies.
XPOS is a smart device which is connected to the PundiX Blockchain. It enables the users who don’t have a bank account use the NPXS tokens in their wallets in order to buy goods. The main features of PundiX payment terminal are following:
- Accept cryptocurrencies as payment
- Small and portable
- Cheap and fast
- Open source
- Fast growth and scalability
“Pundi X’s philosophy is not only to build a technologically superior chain, but also one that has real-life application”
What is Staking?
Staking is a percentage reward from your balance that is stored in your wallet during the time. It just means that you hold a cryptocurrency in your wallet for a limited period of time and get rewards for it and the size of the stake depends on the duration of the hold. Staking gives you a guaranteed and predictable source of income, you just need to buy the dividentable asset and hold it in your wallet to get rewards.
How to Stake Pundi X?
Pundix Airdrop is finished. Now to earn passive income from Pundi X you need to follow two steps: Install XWallet, pass KYC check and pick the amount of Pundi X you’d like to stake. You can choose your Atomic Wallet ETH address to receive Pundi X dividends on it. Atomic is an all in one solution to store, manage, exchange and buy cryptocurrency.
Pundi X Staking Reward
Pundi X ROI = 1.617%. Staking rewards distributed every week. You can withdraw your reward once in a 4 weeks if all the tasks are completed. You need to have at least 1000 NPXS to stake your coins.