Introduction
Staking Audius can be a great option for those who want to hold AUDIO but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Obtain Audius (AUDIO) Tokens
In order to stake Audius, you need to have it. To obtain Audius, you'll need to purchase it. You can choose from these popular exchanges.
See all 14 pricesPlatform Coin Price Bitpanda Audius (AUDIO) 0.12 Uphold Audius (AUDIO) 0.12 Kraken Audius (AUDIO) 0.13 PrimeXBT Audius (AUDIO) 0.66 Binance Audius (AUDIO) 0.12 Coinbase Audius (AUDIO) 0.12 2. Choose a Audius Wallet
Once you have AUDIO, you’ll need to choose a Audius wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Bitpanda Audius (AUDIO) Up to 15.00 APY MyCointainer Audius (AUDIO) Up to 15.20 APY 3. Delegate Your AUDIO
We recommend using a staking pool when staking AUDIO. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their AUDIO, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
You’ll need to wait for your deposit to be confirmed by your wallet. Once it’s confirmed, you’ll automatically validate transactions on the Audius network. You’ll be rewarded with AUDIO for these validations.
What to be Aware of
There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
Latest Movements
Audius (AUDIO) is currently priced at $15.20 with a 24-hour trading volume of $22.22M. The market cap of Audius stands at $155.18M, with $1.27B AUDIO in circulation. For those looking to buy or trade Audius, Bitpanda offers avenues to do so securely and efficiently}
- Market cap
- $155.18M
- 24h volume
- $22.22M
- Circulating supply
- $1.27B