How to Stake Aleph Zero (AZERO) in Australia

Introduction

Staking Aleph Zero can be a great option for those who want to hold AZERO 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 Aleph Zero (AZERO) Tokens

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

   Platform	Coin	Cost
   Uphold	Aleph Zero (AZERO)	0.04
   BingX	Aleph Zero (AZERO)	0.01
   Bitfinex	Aleph Zero (AZERO)	0.03
   Bitget	Aleph Zero (AZERO)	0.02
   Bitmart	Aleph Zero (AZERO)	0.2
   Bitpanda	Aleph Zero (AZERO)	0.52

   See all 22 prices

2. 2. Choose a Aleph Zero Wallet

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

   Platform	Coin	Staking returns
   Bitpanda	Aleph Zero (AZERO)	Up to 8% % p.a.
   MyCointainer	Aleph Zero (AZERO)	Up to 12.05% % p.a.

3. 3. Delegate Your AZERO

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