How to Stake Bone ShibaSwap (BONE) in Australia

Introduction

Staking Bone ShibaSwap can be a great option for those who want to hold BONE 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 Bone ShibaSwap (BONE) Tokens

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

   Platform	Coin	Cost
   OKX	Bone ShibaSwap (BONE)	0.23
   Uphold	Bone ShibaSwap (BONE)	0.29
   BingX	Bone ShibaSwap (BONE)	0.08
   Bitget	Bone ShibaSwap (BONE)	0.19
   Bitmart	Bone ShibaSwap (BONE)	0.08
   CoinEx	Bone ShibaSwap (BONE)	0.08

   See all 23 prices

2. 2. Choose a Bone ShibaSwap Wallet

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

   Platform	Coin	Staking returns
   MyCointainer	Bone ShibaSwap (BONE)	Up to 8.12% % p.a.

3. 3. Delegate Your BONE

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