How to Stake Audius (AUDIO): A Comprehensive Guide for Australians

Introduction

Staking Audius can be a great option for those who want to hold AUDIO 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 Audius (AUDIO) Tokens
To stake Audius, you need to own it. To obtain Audius, you'll need to buy it. You can choose from these popular exchanges.
Platform Coin Cost
Binance Audius (AUDIO) 0.03
Uphold Audius (AUDIO) 0.07
Bake Audius (AUDIO) 0.03
BingX Audius (AUDIO) 0.03
Bitget Audius (AUDIO) 0.03
Bitmart Audius (AUDIO) 0.06
See all 33 prices
2. Choose a Audius Wallet
Once you have AUDIO, you'll need to choose a Audius wallet to store your tokens. Here are some great options.
Platform Coin Staking returns
Bitpanda Audius (AUDIO) Up to 15% % p.a.
3. Delegate Your AUDIO
We recommend using a staking pool when staking AUDIO. It's simpler and quicker to get started. A staking pool is a group of validators who combine their AUDIO, 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 Audius network. You'll be rewarded with AUDIO for these validations.

Platform	Coin	Cost
Binance	Audius (AUDIO)	0.03
Uphold	Audius (AUDIO)	0.07
Bake	Audius (AUDIO)	0.03
BingX	Audius (AUDIO)	0.03
Bitget	Audius (AUDIO)	0.03
Bitmart	Audius (AUDIO)	0.06

Platform	Coin	Staking returns
Bitpanda	Audius (AUDIO)	Up to 15% % 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.