How to Stake Apes Go Bananas (AGB): A Comprehensive Guide for Australians

Introduction

Staking Apes Go Bananas can be a great option for those who want to hold AGB 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. Obtain Apes Go Bananas (AGB) Tokens
To stake Apes Go Bananas, you need to own it. To obtain Apes Go Bananas, you'll need to buy it. You can choose from these popular exchanges.
Platform Coin Cost
Gate.io Apes Go Bananas (AGB) 0
2. Choose a Apes Go Bananas Wallet
Once you have AGB, you'll need to choose a Apes Go Bananas wallet to store your tokens. Here are some great options.
Platform Coin Staking returns
Bitmart Apes Go Bananas (AGB) Up to 1% % p.a.
3. Delegate Your AGB
We recommend using a staking pool when staking AGB. It's simpler and quicker to get started. A staking pool is a group of validators who combine their AGB, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Apes Go Bananas network. You'll be rewarded with AGB for these validations.

Platform	Coin	Cost
Gate.io	Apes Go Bananas (AGB)	0

Platform	Coin	Staking returns
Bitmart	Apes Go Bananas (AGB)	Up to 1% % p.a.

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.