How to Stake Casper Network (CSPR) in Australia

Introduction

Staking Casper Network can be a great option for those who want to hold CSPR 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 Casper Network (CSPR) Tokens

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

   Platform	Coin	Cost
   OKX	Casper Network (CSPR)	0.01
   Uphold	Casper Network (CSPR)	0.01
   Bake	Casper Network (CSPR)	0.01
   BingX	Casper Network (CSPR)	0.01
   Bitget	Casper Network (CSPR)	0.01
   Bitmart	Casper Network (CSPR)	0.01

   See all 31 prices

2. 2. Choose a Casper Network Wallet

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

   Platform	Coin	Staking returns
   Uphold	Casper Network (CSPR)	Up to 9.93% % p.a.
   Bitpanda	Casper Network (CSPR)	Up to 8% % p.a.
   Everstake	Casper Network (CSPR)	Up to 15.38% % p.a.

   View all 6 staking rewards

3. 3. Delegate Your CSPR

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