How to restake without paying heavy fees
Read this before you restake to save on fees.
When you restake all the previous transactions are added in the new transaction (restaking is also a transaction), if you have too many reward transactions the fee to restake will be very high. If you want to pay 10x cheaper for those fees, follow these simple steps :
- 1. Unstake your coins from the node
- 2. Create a new address on NULS (backup the private key, password and keystore file)
- 3. Send your coins to the new NULS address
- 4. Resend your coins to your old address (unless you want to use the new one)
- 5. Restake in nulsdeep node
- 6. That's it, you just saved 10x in fees
If you liked this help, please stake in nulsdeep node and follow https://twitter.com/NULS_King the official Twitter account of nulsdeep node
That low key shill...amazing.
93 Participants though - that speaks to a very stable node.
I do my best to keep the node as stable as possible.
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