How to Stake Aion (AION) in Australia

Introduction

Staking Aion can be a great option for those who want to hold AION 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 Aion (AION) Tokens

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

   Platform	Coin	Cost
   Binance	Aion (AION)	0.01
   MEXC Global	Aion (AION)	0

2. 2. Choose a Aion Wallet

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

   Platform	Coin	Staking returns
   MyCointainer	Aion (AION)	Up to 6.42% p.a.

3. 3. Delegate Your AION

   We recommend using a staking pool when staking AION. It's simpler and quicker to get started. A staking pool is a group of validators who combine their AION, 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 Aion network. You'll be rewarded with AION 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.