How to Stake Apidae (APT) in Australia

Introduction

Staking Apidae can be a great option for those who want to hold APT 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 Apidae (APT) Tokens

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

   Platform	Coin	Cost
   Kraken	Apidae (APT)	5.35
   CoinEx	Apidae (APT)	5.35
   Hotcoin	Apidae (APT)	5.35
   Kucoin	Apidae (APT)	5.35
   MEXC Global	Apidae (APT)	5.35

   See all 10 prices

2. 2. Choose a Apidae Wallet

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

   Platform	Coin	Staking returns
   Kucoin	Apidae (APT)	Up to 4.5% % p.a.

3. 3. Delegate Your APT

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