How to Stake Akita Inu (akt) in Australia

Introduction

Staking Akita Inu can be a great option for those who want to hold akt 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 Akita Inu (akt) Tokens

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

   Platform	Coin	Cost
   Kraken	Akita Inu (akt)	0.36
   BingX	Akita Inu (akt)	0
   Bitmart	Akita Inu (akt)	0
   Gate.io	Akita Inu (akt)	0
   Kucoin	Akita Inu (akt)	0.36
   MEXC Global	Akita Inu (akt)	0

   See all 12 prices

2. 2. Choose a Akita Inu Wallet

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

   Platform	Coin	Staking returns
   Kucoin	Akita Inu (akt)	Up to 6.5% % p.a.

3. 3. Delegate Your akt

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