How to Stake Arbitrum (ARB) in Australia

Introduction

Staking Arbitrum can be a great option for those who want to hold ARB 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 Arbitrum (ARB) Tokens

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

   Platform	Coin	Cost
   Nexo	Arbitrum (ARB)	0.21
   EarnPark	Arbitrum (ARB)	0.2
   YouHodler	Arbitrum (ARB)	0.2
   Binance	Arbitrum (ARB)	0.2
   BTSE	Arbitrum (ARB)	0.2
   Coinbase	Arbitrum (ARB)	0.2

   See all 58 prices

2. 2. Choose a Arbitrum Wallet

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

3. 3. Delegate Your ARB

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