How To Stake On Phantom Wallet (Very Easy)

How to stake on phantom wallet

Hello people, welcome to this new video. In today's tutorial, I'm going to show you how we can stake Solana

from our phantom wallet. Now, as you can see in here, I can have the health information of phantom. This is like

this is like the official information that we just found in here

And basically, when you want to make staking about your tokens on phantom wallet, first of all, we need to sign into our wallet

If you haven't already, you can do that right now. And now let's click into our total balance of Solana

I'm going to select this one and then I'm going to go where it says start earning. So stake tokens and earn rewards

So I'm going to select this one and we can choose a validator

or wherever you want. I'm going to select jump crypto and I'm

going to select the maximum amount. Actually, that's like not quite a lot. But after you've done that, what you want to do

is to select this one that says stake and why we are earning

rewards in here because they are maintaining and retaining our tokens. So we can't use it. We are like making a loan for other users

and for the network itself. And for that we are being rewarded

So that's the reason we are doing staking. That's the purpose of the staking guys. And lastly guys, you may have the same

issue that I have in here that I can't that I can't make staking at the moment because I need more Solana crypto

So if I select this one and I enter the max it says that I need more to stake. But the problem is not that I don't have the

problem is that I just can't do it because of the network. So as you can see here, I'm on Binance my exchange that I use

a lot and I'm going to select into withdraw. Now that I have

done that I'm going to copy this information. I'm going to paste it right here. And this is what's going to happen with Solana

because it happens a lot. So what happened with Solana network is that they have a lot of withdraw volumes really high volumes

withdraws. So they have paused and they suspended a network to prevent long wait time. So so what I do most of the time

is to set a reminder so they can send me like an email or like

a notification in my phone so I can see when I can make the

transaction. So you can see I have my recent withdrawals in here. Then I receive the tokens into my wallet and now I can

stake the Solana network. So it's just a matter of time guys

So we have to wait till these Solana networks works again. So hopefully this was a very useful video for you guys. Don't

forget to Like and subscribe to this channel if you want to see more about this kind of stuff. Thank you for watching

the video and I'll be seeing you guys on the next one