How to Stake Adrena (ADX) in Australia

Introduction

Staking Adrena can be a great option for those who want to hold ADX while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.

Step-by-Step Guide

1. 1. Obtain Adrena (ADX) Tokens

   To stake Adrena, you need to own it. To obtain Adrena, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Cost
   Binance	Adrena (ADX)	0.13
   Gate.io	Adrena (ADX)	0.13
   HTX	Adrena (ADX)	0.13
   PointPay	Adrena (ADX)	0.13
   WhiteBit	Adrena (ADX)	0.13
   WhiteBit	Adrena (ADX)	0.13

   See all 10 prices

2. 2. Choose a Adrena Wallet

   Once you have ADX, you'll need to choose a Adrena wallet to store your tokens. Here are some great options.

   Platform	Coin	Staking returns
   Binance	Adrena (ADX)	Up to 2.5% % p.a.

3. 3. Delegate Your ADX

   We recommend using a staking pool when staking ADX. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ADX, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Begin Validation

   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 Adrena network. You'll be rewarded with ADX for these validations.

What to Be Aware Of

There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.