Kucoin is one of the Centralized Exchanges (CEX) where TLOS is listed.
The process to stake TLOS is simple.
1. Bridge (transfer) your TLOS
TLOS can be staked (for REX) on Telos only. You need to withdraw your TLOS from Kucoin to a Telos based wallet using the ‘Mainnet’ withdraw option and then stake.
How to bridge TLOS
What to consider while using a CEX to bridge:
- Availability of the deposits and withdrawals of the blockchains you would be using to bridge TLOS.
- Withdrawal limits and fees charged.
- Speed and Safety – Kucoin is the preferred choice. It is tier 1.
Important Note: Make sure to use both the deposit address and memo while depositing TLOS from Telos on a CEX. Always keep a secure backup of your wallet private keys.
Access more options on how to bridge TLOS here.
2. Stake your TLOS
There are multiple interfaces to stake TLOS. The primary method is: Staker.
Access a complete guide on how to stake TLOS here.
How to create a free Telos account
If you don’t have a Telos account, Follow the simple steps here.
Customer support article by:
Yknot Blockchain Solutions.
If you found this article helpful, vote for bp.yknot as a Telos block Producer.
Tags: blockchain; bridge; bsc; Ethereum; kucoin; stake; telos; tlos