Run CUTcoin daemon in 'testnet' mode: ./cutcoind --testnet and wait till it's synchronized.
Generate a new wallet for CUTcoin testnet; for doing this just run: ./cutcoin-wallet-cli --testnet and follow the hints.
Obtain Test CUTcoins for free from faucet.cutcoin.org . Specify the wallet address generated at the previous step.
CUTcoins must be 800 blocks old, i.e. one should wait at least 800 blocks after the incoming transaction to be able to put a PoS stake. Run your wallet and type the command: 'start_staking ' in it. That's it.
If you want to have more information about what's happening type 'start_staking verbose'.
Type 'stop_staking' to stop the process or just close the wallet.