How to Stake Core (CORE) in Australia

Introduction

Staking Core can be a great option for those who want to hold CORE 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 Core (CORE) Tokens

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

   Platform	Coin	Cost
   OKX	Core (CORE)	0.43
   Bake	Core (CORE)	0.12
   Bitget	Core (CORE)	0.12
   Bitmart	Core (CORE)	0.12
   Bitpanda	Core (CORE)	1.1
   Bybit	Core (CORE)	0.12

   See all 20 prices

2. 2. Choose a Core Wallet

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

   Platform	Coin	Staking returns
   Bitget	Core (CORE)	Up to 16.8% % p.a.
   Bitmart	Core (CORE)	Up to 1% % p.a.
   Everstake	Core (CORE)	Up to 5.34% % p.a.

   View all 7 staking rewards

3. 3. Delegate Your CORE

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