Hi everyone im new at crypto and staking. I was wondering how can i stake my ada in a stakepool? By the way does staking your ada in a pool means you need computational power like running a stake pool and becoming a node? Thnx
You must access ur ada in ur wallet and go to delegation center.
What wallet are u using?
Delegation is the process by which ada holders delegate the stake associated with their ada to a stake pool. It allows ada holders that do not have the skills or desire to run a node to participate in the network and be rewarded in proportion to the amount of stake delegated . There is no need computational power because you are not running a node, you only delegate your ada to a pool.
Hi. Im currently using a nano ledger x. Should i transfer my ada to yoroi or daedalus wallet to start staking?
Nope, just connect your ledger to Yoroi or Daedalus and u can delegate
there you can find the Yoroi user guide for step by step instructions how to connect.