How to Stake Cardano (ADA): A Comprehensive Guide for Australians

Introduction

Staking Cardano can be a great option for those who want to hold ADA 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 Cardano (ADA) Tokens
To stake Cardano, you need to own it. To obtain Cardano, you'll need to buy it. You can choose from these popular exchanges.
Platform Coin Cost
Nexo Cardano (ADA) 0.39
PrimeXBT Cardano (ADA) 0.39
YouHodler Cardano (ADA) 0.39
Binance Cardano (ADA) 0.39
BTSE Cardano (ADA) 0.39
Coinbase Cardano (ADA) 0.39
See all 73 prices

Platform	Coin	Cost
Nexo	Cardano (ADA)	0.39
PrimeXBT	Cardano (ADA)	0.39
YouHodler	Cardano (ADA)	0.39
Binance	Cardano (ADA)	0.39
BTSE	Cardano (ADA)	0.39
Coinbase	Cardano (ADA)	0.39

2. Choose a Cardano Wallet

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

Platform	Coin	Staking returns
YouHodler	Cardano (ADA)	Up to 7% p.a.
Uphold	Cardano (ADA)	Up to 1.48% p.a.
Atomic Wallet	Cardano (ADA)	Up to 5% p.a.
Bake	Cardano (ADA)	Up to 2.5% p.a.
Binance	Cardano (ADA)	Up to 2.1% p.a.

View all 31 staking rewards

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

Latest Movements

Cardano (ADA) is currently priced at USD 1.8 with a 24-hour trading volume of USD 1.27B. The market cap of Cardano stands at USD 32.98B, with 35.86B ADA in circulation. For those looking to buy or trade Cardano, YouHodler offers avenues to do so securely and efficiently

Market capitalisation: USD 32.98B
24-hour volume: USD 1.27B
Circulating supply: 35.86B ADA

See the latest information

Frequently Asked Questions About Staking Cardano (ADA)

What factors influence the price of Cardano (ADA)?: The price of Cardano (ADA) is influenced by various factors, including market demand and supply, technological advancements, regulatory developments, and overall investor sentiment. Major events such as network upgrades, partnerships, and market trends can lead to significant price fluctuations. Additionally, macroeconomic factors like global economic conditions and cryptocurrency market trends also play a role. Staying informed about these factors is essential for understanding ADA's price movements and making informed decisions.
What factors affect the price of Cardano (ADA) in Australia?: The price of Cardano (ADA) in Australia is influenced by market demand and supply, technological advancements, regulatory changes, and investor sentiment. Significant events like network upgrades, partnerships, and market trends can cause notable price fluctuations. Additionally, broader economic factors, including global economic conditions and trends in the cryptocurrency market, also impact ADA's price.
How can I monitor the current price of Cardano (ADA)?: You can monitor the current price of Cardano (ADA) through various cryptocurrency exchanges and financial tracking tools. Bitcompare provides real-time price comparisons across multiple exchanges, allowing you to see where ADA is trading at the best rates. Additionally, you can set up price alerts on platforms like Bitcompare to receive notifications via email when ADA reaches specific price points, ensuring you stay updated on market movements without having to check prices constantly.
What is the historical price trend of Cardano (ADA)?: Cardano (ADA) has experienced notable price fluctuations since its inception in 2017. Initially priced under $0.10, ADA surged to an all-time high of over $3.00 in 2021, driven by increased adoption and technological advancements such as the launch of smart contracts. Following this peak, the price underwent corrections, reflecting the overall volatility of the cryptocurrency market. Analyzing historical trends through platforms like Bitcompare can help users understand ADA's price behavior and potential future movements.
What are the current lending and earning rates for Cardano (ADA)?: Current lending and earning rates for Cardano (ADA) can vary across different platforms. Currently, there are a total of seven lending options, with the best lending rate available on Nexo. For earning rates, there are 24 options, with Nexo again offering the most competitive rate. Utilizing Bitcompare allows you to easily compare these rates and find the best opportunities for lending or earning ADA, which can enhance your overall investment strategy in the Cardano ecosystem.
How does market sentiment affect the price of Cardano (ADA)?: Market sentiment significantly influences the price of Cardano (ADA) by affecting investor behavior. Positive sentiment, often driven by favorable news such as technological upgrades or partnerships, can lead to increased demand and higher prices. Conversely, negative sentiment resulting from regulatory concerns or market downturns may cause panic selling and price declines. Understanding market sentiment through analytics and news updates, especially on platforms like Bitcompare, is crucial for anticipating potential price movements for ADA.

Cardano ADA News

January 31, 2026Crypto Crash: Liquidations Top $2.5 Billion as Bitcoin, Ethereum and XRP Prices Plummet - Decrypt

The crypto market's recent decline only accelerated Saturday, with Bitcoin falling to nearly $77,000 as liquidations piled up.

January 31, 2026India Faces Pressure to Rethink Crypto Taxes Ahead of Union Budget as Trading Shifts Offshore - Decrypt

Industry leaders are pushing for tax reform as traders flee offshore, draining domestic exchanges and undermining regulatory oversight.

January 30, 2026Best Crypto to Buy Now January 30 – XRP, Cardano, Hyperliquid

Despite. a slow January, there are signs that 2026 will be the best year for crypto, and XRP, Cardano and Hyperliquid will lead the charge.

Top Pairs for Cardano

Frequently Asked Questions About Staking Cardano (ADA)

Platform	Coin	Cost
Nexo	Cardano (ADA)	0.39
PrimeXBT	Cardano (ADA)	0.39
YouHodler	Cardano (ADA)	0.39
Binance	Cardano (ADA)	0.39
BTSE	Cardano (ADA)	0.39
Coinbase	Cardano (ADA)	0.39

What factors influence the price of Cardano (ADA)?

The price of Cardano (ADA) is influenced by various factors, including market demand and supply, technological advancements, regulatory developments, and overall investor sentiment. Major events such as network upgrades, partnerships, and market trends can lead to significant price fluctuations. Additionally, macroeconomic factors like global economic conditions and cryptocurrency market trends also play a role. Staying informed about these factors is essential for understanding ADA's price movements and making informed decisions.

What factors affect the price of Cardano (ADA) in Australia?

The price of Cardano (ADA) in Australia is influenced by market demand and supply, technological advancements, regulatory changes, and investor sentiment. Significant events like network upgrades, partnerships, and market trends can cause notable price fluctuations. Additionally, broader economic factors, including global economic conditions and trends in the cryptocurrency market, also impact ADA's price.

How can I monitor the current price of Cardano (ADA)?

You can monitor the current price of Cardano (ADA) through various cryptocurrency exchanges and financial tracking tools. Bitcompare provides real-time price comparisons across multiple exchanges, allowing you to see where ADA is trading at the best rates. Additionally, you can set up price alerts on platforms like Bitcompare to receive notifications via email when ADA reaches specific price points, ensuring you stay updated on market movements without having to check prices constantly.

What is the historical price trend of Cardano (ADA)?

Cardano (ADA) has experienced notable price fluctuations since its inception in 2017. Initially priced under $0.10, ADA surged to an all-time high of over $3.00 in 2021, driven by increased adoption and technological advancements such as the launch of smart contracts. Following this peak, the price underwent corrections, reflecting the overall volatility of the cryptocurrency market. Analyzing historical trends through platforms like Bitcompare can help users understand ADA's price behavior and potential future movements.

What are the current lending and earning rates for Cardano (ADA)?

Current lending and earning rates for Cardano (ADA) can vary across different platforms. Currently, there are a total of seven lending options, with the best lending rate available on Nexo. For earning rates, there are 24 options, with Nexo again offering the most competitive rate. Utilizing Bitcompare allows you to easily compare these rates and find the best opportunities for lending or earning ADA, which can enhance your overall investment strategy in the Cardano ecosystem.

How does market sentiment affect the price of Cardano (ADA)?

Market sentiment significantly influences the price of Cardano (ADA) by affecting investor behavior. Positive sentiment, often driven by favorable news such as technological upgrades or partnerships, can lead to increased demand and higher prices. Conversely, negative sentiment resulting from regulatory concerns or market downturns may cause panic selling and price declines. Understanding market sentiment through analytics and news updates, especially on platforms like Bitcompare, is crucial for anticipating potential price movements for ADA.

How to Stake Cardano (ADA) in Australia

What you will learn