Requirements
To be able to stake you will need to have a Daedalus Wallet and have transfered ADA into the Wallet.
Daedalus Wallet
Daedalus is a secure wallet for the ada cryptocurrency. Download and install the wallet so you can keep your ada safe.
Installation
1. Download Daedalus
Go to https://daedaluswallet.io/en/download/ download and install the Daedalus wallet.
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Wallet
1. Create a Wallet
Enter a name for your wallet and set a password. Then, click create.
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2. Recovery Phrase
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3.Save Recovery Phrase
I recommend offline storage for this. USB or handwritten.
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4.Accept recovery conditions
READ and tick both conditions
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Delegate Stake
1. Click the pools ICON below wallet
2. Then select stake pools
3. Enter the SHA pool name
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4. Select the SHA pool and Delegate to this pool.
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Purchase ADA
To be able to purchase ADA you will need to use a crypto exchange.
Binance
For this example we will use Binance.com
Withdraw to Daedalus
1. Go to Markets, search for ADA and click Trade.
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2. When purchasing ADA I recommend setting a price for best value.
Congratulations you now own ADA!!! Stake it!
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3. On Binance select Cardano Withdraw
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4. Go to Daedalus and select receive, select an address and copy the code
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5. On Binance enter the Daedalus code, ADA amount and Submit.
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