Radix Staking Tutorial
Earn passive income and secure the Radix-network
Content
1. Setting up Instapass 2
Step-by-step guide on setting up Instapass and Instapass explained 2
2. Install the Radix wallet on your device 7
Step-by-step guide on how to install the Radix wallet 7
3. Install MetaMask and add your eXRD 10
Step-by-step guide on how to convert eXRD to MetaMask 10
4. Connecting Instapass to your wallets 14
Step-by-step guide on how to connect Instapass to your wallets 14
Connecting Ethereum wallet 14
Connecting Radix wallet 15
5. Send eXRD to your Radix wallet using Instabridge 18
Step-by-step guide on how to use Instabridge to send eXRD to your Radix wallet 18
6. Stake your Radix (XRD) to earn passive income 22
Step-by-step guide on how to stake your Radix to generate passive income 23
Radix Staking - Tutorial
This tutorial will teach you how to earn passive income using Radix. When you trust the coin
and plan on keeping it for years and years to come, why not use it to generate more income?
Not only will you create a new income stream, but you also contribute to the security of the
Radix-network. By doing this, you make it possible for the network to keep growing in a
sustainable way.
In the following tutorial we show you the step-by-step process of creating a stream of
passive income using Radix.
It might take you an hour, or two, but after that you’ll enjoy it for a lifetime. It might even be
the best paid hour you will ever work.
7 steps to passive income
Using only these 7 steps, it’s already possible to stake Radix. Experiencing errors? Scroll to
the more detailed explanation on this step.
1. Create an Instapass account and verify it
2. Install the Radix Wallet on your device
a. Make sure to have a backup!!
3. Install MetaMask and add your eXRD to it. Also add enough Ethereum to pay for the
gas fees
4. Connect your Instapass account to the Ethereum wallet your eXRD is on and connect
it ot the Radix wallet you want to send the XRD to
5. Send you XRD to your Radix wallet using Instabridge
a. If you already own XRD, send it to your Radix wallet directly from you
exchange
6. Choose some validator nodes to stake your Radix
a. AllesOverCrypto has its own validator node . We collaborated on this node
with our partner Radix Staking Club, who have a very trustworthy node too
7. Stake your Radix (XRD) in these nodes and start earning an extra (passive) income
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1. Setting up Instapass
The crazy, uncontrolled days in crypto came to an end before we knew. More and more
projects have to obey the same laws and follow the same rules as banks. When you open a
new bank account, the bank asks you who you are and they want you to prove it to.
This is what you call KYC. KYC is the abbreviation for Know Your Costumer.
In the world of crypto this will most likely become a more common practice too. To do this,
Radix built a fantastic project called ‘Instapass’. By using Instapass, you only have to verify
yourself once. You then get your own ‘pass’, which you can use to verify yourself to any
project you want to invest in which is connected to Instapass in the future.
You create a profile once and can use it for the rest of your life. This prepares you for what
the future of crypto has to offer.
Step-by-step guide on setting up Instapass
We would highly suggest you read all the steps before following them. By doing this, you
know what to expect.
Creating an account
1. Go to the Instapass website and click “Create New Instapass Identity”
a. Or go there directly using this link
2. Read the message Instapass gives you and then click
3. Enter your details, read the terms of service, accept them and then click
(see the image on the right → )
a. Create a password with 8 digits or more: at least 1
number (0-9), 1 capital letter and 1 special character
(@, !, #, etc.)
4. Go to your email and open the email with the subject
“Confirm your Instapass Account”, sent by
no-reply@instapass.io
5. Click in your email
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Verifying using Instapass
6. Time to verify! The verifying process consists of two steps:
a. Verify yourself with a valid ID
b. Verify your address with a document proving you live there
7. Make sure to have the following things ready:
a. A valid international identity document
b. A mobile phone or any other working camera
c. A digital document proving your place of residence
8. Go to “KYC Status: Start my identity verification process” and then click
9. Enter your country of residence, your first language and the type of identity document
you want to use to verify. Then click “Continue to ID Verification”
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10. Click “Start”
11. Choose between ‘Webcam’ or ‘Phone’
a. If you have a phone ready, choose ‘Phone. It’s the easiest and quickest way.
12. Verify using phone
a. Send the link to an email address you’re logged into on your phone
b. Do you prefer scanning a QR-code?
i. Make sure you have an app installed you can use to scan QR-codes.
1. Do you have an iPhone? You can use your regular camera.
2. Do you have an Android that can’t be used to scan QR-codes
with the regular camera? Use Google Lens. Use this link to
download it, if you don’t already have it.
ii. Open the app you want to use to scan the QR-code you see on the
right side of your screen.
iii. If your phone doesn’t automatically open the link, tap the link that
shows up on you
c. When you open the lnk, this is what you should see on your screen:
d. Click “Start”
e. Give consent to use your camera
f. Take a picture of your identity document. Make sure the important details on
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your ID are in frame and clearly visible. Now click “Confirm”
g. Follow the instructions to verify your face
13. When you completed the steps successfully, you should see “In Progress” in the top
right corner at “KYC Status: Start my identity verification process”
14. But, you’re not there yet! We will now send them our “Proof of Address”
15. Click to start this process
16. If your ID verification was completed successfully, it will
automatically be accepted by the system. The right side
of your screen should show “Verified” →
a. It is also possible that this process didn’t
automatically complete successfully. If this is the case, employees of
Instapass will check your ID manually within 48 hours. If nothing happens
within 48 hours, you can send them an email to hello@instapass.io to notify
them of the fact that you’ve been waiting for approval for a little too long
17. Now click
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18. Enter your details and then click “Continue to Address Verification”
19. Click “Upload file” and select the file your address details are in
20. Now click “Continue”
21. Congrats! You completed the verification process!
a. If you look at your KYC status, it will most likely still say “In progress”. This is
because the compliance team of Instapass will still have to double check
everything. They promise to do this within 48 hours.
b. We have heard from people that this process sometimes takes a lot longer
than 48 hours. Mind that the waiting times can be way longer in times of hype
around Radix.
c. Also, your “Proof of Address” might be wrongly rejected multiple times. If this
is the case for you, it would be best for you to send an email to
hello@instapass.io including the email address your account is connected to,
the document including your details and the fact that it was wrongly rejected
several times.
While waiting for this, we can still keep going and move on to the next steps! We now need a
Radix address and an Ehtereum address. Let’s start with that.
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2. Instal the Radix wallet on your device
Using the Radix wallet we can stake all our Radix quite easily. Installing and setting up this
wallet can be done within minutes.
The most important thing to keep in mind is to always have a backup on a safe (external)
place. If you lose access to your wallet, you lose access to all coins that were in the wallet. If
this is the case for you, there’s no way to get these coins back. We will provide you with tips
on how to avoid this.
Step-by-step guide on how to install the Radix wallet
We would highly suggest you read all the steps before following them. By doing this, you
know what to expect.
1. Go to the download page on the Radix website and select the download for the
operating system you’re using
2. Download the file, it’s called “Radix-Wallet-Setup-1.0.1”
a. The 3 numbers at the end can be different for you, as there might have been
updates at the time you are reading this
3. Save the file and open the wallet
4. Click “Create new wallet”
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This is where it’s getting really important!
5. You now get your seed phrase. Remember this phrase. Always.
When you lose access to your wallet, you lose everything that’s on it. Using this
12-word sentence you can regain access to your coins. Even when your computer is
totally broken or burned, you can still regain access to the coins that were in your
wallet. Please make sure you don’t lose this seed phrase.
But, this of course does also mean that anyone else can get into your wallet using
those 12 words. It is therefore very important for you to know that you should keep
these 12 words safe and to yourself at all times.
It would be a smart decision to save this phrase offline, for example on a paper. By
doing this, your phrase is safe when you get hacked. Save the phrase on different
paper that are hidden in different locations, so that when you lose one, you still have
the others.
Just know that this phrase is very, very important.
6. When you wrote down your seed phrase, the next step is to click
7. Radix will now ask you to type a few random words to make sure you really wrote
down the seed phrase
a. Type down the words and click
8. Now it’s time to create a password for your Radix wallet. Enter it twice and then click
a. Later on, you can use this password to log into your Radix wallet. This makes
sure only you can get into your wallet and others can’t just open it to check
your balance, for example.
9. The next step is to create a PIN. Enter it twice and click
a. This is a second form of security for when you accidentally
keep your wallet opened. The PIN is needed to
approve transactions from the wallet.
10. The last step in this process is to give your wallet a name.
Enter the name and then click “Save”
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Congrats! You just created your own Radix wallet. Now it’s time to create a wallet in which we
can store our eXRD.
If you followed all the steps you now have:
1. An Instapass account (that has been verified already, or will be verified soon)
2. A Radix wallet
If you already have XRD and no eXRD, you can skip the next step. If you already have a
MetaMask or hardware wallet in which eXRD is stored, you can skip the next step too.
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3. Install MetaMask and add your eXRD
You need actual Radix (XRD) to stake in your Radix wallet. If you still have eXRD, this needs
to be swapped, before we can get staking. To be able to swap this eXRD, it needs to be in a
wallet of your own and not on an exchange.
Please note 1! This is only relevant if your eXRD is still stored in an exchange that has not
swapped it to XRD automatically. If your exchange has swapped it to XRD automatically, you
can directly send it to the wallet we set up in step 2.
Please note 2! You need Ethereum in your wallet to pay for the Ethereum fees. Depending
on the load on the Ethereum network, these fees will cost you between $5 and $100.
Step-by-step guide on how to convert eXRD to MetaMask
We would highly suggest you read all the steps before following them. By doing this, you
know what to expect.
1. Go to the MetaMask download page and select the browser you’re currently using
2. Download the MetaMask extension for your browser
3. Within a minute you’ll be redirected to a different page. Once you’re there, click “Get
Started”
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4. Click “Create a Wallet”
5. Decide whether or not you want to give MetaMask your details
a. Both options are fine, but we always choose “No Thanks”
6. Create a safe password for your wallet, read the user terms and approve them, then
click “Create”
7. Watch the video on the Secret Recovery Phrase. If you’ve read the previous steps
carefully, you know how important this phrase is. Save it!!
8. On the next page, click “Click to reveal secret words”
a. Save it!!
b. Revisit Radix step 5
c. If you’re sure you saved it well, click “Next”
9. On the next page, select the 12 words in the right order to prove you saved the
phrase and then click “Confirm”
10. MetaMask will now give you some
extra security tips, read them and then click “All done”
11. On the next page, click “Add token”
12. Select “Custom Token” and enter
0x6468e79A80C0eaB0F9A2B574c8d5bC374Af59414 in the gap below “Token
Contract Address”
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13. MetaMask will automatically fill in the rest (eXRD en 18), so you can click “Next”
14. Now click “Add tokens” and eXRD will be visible in your MetaMask wallet
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15. Go to the exchange your eXRD is stored in and click “Withdraw” on this exchange
a. Bitfinex eXRD withdrawal
b. Kucoin eXRD withdrawal
16. Copy your MetaMask wallet address by clicking your account name
17. Paste this wallet address at the exchange you’re storing your eXRD
18. Enter the amount of eXRD you want to withdraw
a. If you´re not sure you are doing everything, first try it with a small amount. If
everything turns out to be right, withdraw the remaining amount.
19. Follow the instructions your exchange gives you to complete the withdrawal
This step is completed too. Congratulations! You now have:
1. An Instapass account (that has been verified already, or will be verified soon)
2. A Radix wallet
3. All your eXRD stored in your MetaMask
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4. Connecting Instapass to your wallets
We now have an eXRD (e-Radix token) wallet and an XRD (regular Radix token) wallet. We
can use these wallets to swap eXRD for XRD, the token we need to stake our tokens for
passive income.
In order to do this, we first need to connect our Instapass account to our wallets.
Step-by-step guide on how to connect Instapass to your wallets
We would highly suggest you read all the steps before following them. By doing this, you
know what to expect.
1. Use this link to go to Instapass and log into your account.
Connecting your Ethereum wallet
2. Click “Radix and Ethereum Address” and then click “Add Address”. First, click
“Ethereum”
a. Or use this link for a shortcut
3. On the next page, click “MetaMask”
4. In the top right corner of your screen MetaMask will open. Select
the wallet your eXRD is in and then click “Next”
a. If you get the following error, it might be the case that you
have MetaMask opened in a different tab. To fix the error,
close the tab.
5. Now click “Connect” and then click “Sign”
6. Congratulations!! Your MetaMask is connected to Instapass.
Let’s move onto our Radix wallet.
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Connecting your Radix wallet
7. Click “Radix and Ethereum Address” and then click “Add Address”. Now, click
“Radix”
a. Or use this link for a shortcut
8. Now go your Radix wallet and copy your wallet address by clicking the squares in the
top right corner:
9. Go to Instapass and paste this wallet address at “Your Radix Address”, then click
“Add address”
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10. A “Verify Token” will now be sent to your Radix wallet
11. To reach this token, click “History” on the left side of your screen
12. There, you will see a transaction that says “Received 1 VERI”, click
13. A code will appear. Go to Instapass and click “Validate Code”
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14. Enter your code and click “Submit”
15. If everything went right, your Radix wallet is now connected to your Instapass
This step is completed too! You now have:
1. An Instapass account (that has been verified already, or will be verified soon)
2. A Radix wallet
3. All your eXRD stored in your MetaMask
4. Instapass connected to both your Radix wallet and your MetaMask wallet
Let the party begin! We can get to the real fun stuff now. In the next step you will become the
proud owner of your first real Radix! The next step is converting eXRD to XD and storing it in
our wallet.
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5. Send your XRD to your wallet using Instabridge
The penultimate step!
It’s finally time to receive our first real Radix! To do this, we will use Instabridge to convert our
eXRD to XRD. In addition to this, we will also need both our Radix wallet and our MetaMask
wallet.
Please note! This step can only be completed once your Instapass account has been fully
verified. If this is not the case, you just have to be patient.
Step-by-step guide on how to use Instabridge to send XRD to your Radix
wallet
We would highly suggest you read all the steps before following them. By doing this, you
know what to expect.
1. Go to the Instabridge website
2. If you haven’t connected your MetaMask yet, a page that asks you how much XRD
you want to send pops up. If it shows you a different page, please skip to step 5
3. Enter how many eXRD you want to swap for XRD
a. You could decide to start with a small amount, to make sure everything is
working. If you decide to do this, do it with at least 100 eXRD, so you can also
test the staking
b. You could also decide to do the whole amount at once. By doing this, you pay
less Ethereum fees
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4. If you haven’t done it yet, log into your MetaMask and connect it to Instabridge
5. Now, a page like this will pop up:
a. If you want to be in a higher tier, you can look up how to do this on Instapass
or send an email to hello@instapass.io. At the time of writing, the Radix team
is working on creating higher tiers that allow you to transfer more than
$100.000 per year.
6. Click “Transfer”
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7. On the next page, enter how many eXRD you want to transfer and then click
“Transfer”:
8. MetaMask will open now. It will show you the details of the transaction and ask you to
approve it. To do this, click “Confirm”
9. Go to your Radix wallet and wait until your eXRD arrives
a. This could take some time, depending on the volume on the Ethereum
network
i. The waiting time can vary from 2 minutes to several hours
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ii. Make sure your Instapass is verified. If not, your transaction will say “In
Flight” and your Destination Address will say “Missing”
iii. If it takes more than 24 hours, even though you’re verified, it would be
best to contact support. For this, use Discord or email
iv. Check the Radix address you connected to Instapass
10. If the transaction is completed, you can see it at “History”. It will look something like
this. You will also receive an email confirming the transaction has been completed
11. Congratulations! You now own your very first XRD! Write this date down in your
agenda, because it needs to be celebrated every year!
That’s it for this step! You now have:
1. An Instapass account (that has been verified already, or will be verified soon)
2. A Radix wallet
3. All your eXRD stored in your MetaMask
4. Instapass connected to both your Radix wallet and your MetaMask wallet
5. Your eXRD converted to XRD and stored in your Radix wallet
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6. Stake your Radix (XRD) to earn passive income
We’re almost there! We arrived at the last, and luckily, the easiest step.
By staking your Radix in a Validator Note, you contribute to the safety of the Radix network.
So, in exchange for this, you get a reward. The more you stake, the more Radix you earn
and the best thing is: you don’t have to do anything for it!
The only disadvantage is that it takes between 10 and 14 days before you get your Radix
back in your wallet. This is because this helps prevent fraud. If you’re planning on keeping
the Radix in the validator node for a long time, this should not be a problem for you. In the
future, this time will most likely get shorter and shorter.
How to pick the right Validator Node?
The choice is pretty easy: AllesOverCrypto has created a very good Validator Node aan
that can be used by the Dutch Radix community. Our trading expert Joël also has his own,
very good, node (Radix Staking Club) that you could use.
We charge a fee of 2% (the average fee is 2-4%), because the community is the most
important for us. With this 2% fee, we can keep delivering the best fee, while charging the
least.
For more information:
● Website AllesOverCrypto node
● Website Radix Staking Club node
It would be a smart decision not to put all your eggs into one basket. What we mean by this
is: it would be smart to put your Radix into different validator nodes. When a node, for
whatever reason, is taken offline, this takes away part of your passive income. But it is
important to know that your coins are always safe, even if a node is taken offline.
Radix advises the 5-by-5 rule. This rule says that you should choose 5 validator nodes, that
all can’t have more dan 5% of the full ‘stake’. To learn more about this, click this link.
For the safety of the network, it is important that you follow this rule. If you really do not want
to do this, try to at least diversify between the AllesOverCrypto node and the Radix Staking
Club node. This could be in a 50/50 split, but also in a 70/30 split or 75/25 split. Just pick the
split that suits you best.
For the remainder of this tutorial we will use the AllesOverCrypto node as an example.
On this website, more information on other nodes is provided.
It’s finally time to set up our passive income stream!
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Step-by-step guide on how to stake your Radix for a passive income
We would highly suggest you read all the steps before following them. By doing this, you
know what to expect.
1. Decide which Radix Validator Node you want to stake your Radix in. It would be a
smart decision to do this in a trustworthy validator node.
○ Together with our team at AllesOverCrypto, we have all the qualifications to
create a great node and we really did think of everything:
■ It’s as trustworthy as possible
● Backups in Germany, ddos protection, 24/7 monitoring, etc.
■ Always an answer to your questions with our team of experts
■ Community is our priority, as you are used to
■ 100% green, we only use renewable energy
■ Our team of Radix fans has been following the project since 2015, so
we truly know and love everything
○ Radix Staking Club is a validator node owned by our partner. It is very
trustworthy and a lot of time has been invested into creating the best node
possible.
○ In case you want more information on other nodes: visit this website for an
overview of alle nodes.
2. Copy the “Validator Stake ID” of the node you want to stake in
○ For AllesOverCrypto this is:
rv1qgw2s2rrn5gs3tumtk4z62casy5f0ze49zutfy6t32acyc7vn00qsjkajvj
○ For Radix Staking Club this is:
rv1qdunll7z585pa4s2u5lh0hj96t9cxp955yzqhul8myewqvzhqphp7rqhs3p
3. Then go to “Stake & Unstake”
in your Radix wallet
4. Enter the address you copied
at “Validator”
5. Now, enter the amount of
XRD you want to stake in the
node and then click “Stake”
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6. Then enter your PIN and click “Confirm Transaction”
7. The page will now show your “History”. You can see you are staking XRD at the
validator node you just chose
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8. If you click “Stake & Unstake”, it will show you how many XRD you are currently
staking
Congratulations!! You did it! You are now staking XRD and automatically earning income,
without having to do anything for it! The Radix rewards will automatically be sent to your
wallet. Truly passive income!
Any questions left? Don’t hesitate to shoot us an email at info@allesovercrypto.nl. We’re
always ready to help you with any questions you might have!
We wish you the best with your Radix income!
Team AllesOverCrypto
AllesOverCrypto.nl
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