How to Stake Cosmos Hub (ATOM) in Australia

Introduction

Staking Cosmos Hub can be a great option for those who want to hold ATOM 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 Cosmos Hub (ATOM) Tokens

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

   Platform	Coin	Cost
   Nexo	Cosmos Hub (ATOM)	2.06
   PrimeXBT	Cosmos Hub (ATOM)	2.05
   YouHodler	Cosmos Hub (ATOM)	2.05
   Binance	Cosmos Hub (ATOM)	2.05
   BTSE	Cosmos Hub (ATOM)	2.05
   Coinbase	Cosmos Hub (ATOM)	2.05

   See all 69 prices

2. 2. Choose a Cosmos Hub Wallet

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

   Platform	Coin	Staking returns
   YouHodler	Cosmos Hub (ATOM)	Up to 12% % p.a.
   Uphold	Cosmos Hub (ATOM)	Up to 15% % p.a.
   Bake	Cosmos Hub (ATOM)	Up to 12% % p.a.
   Binance	Cosmos Hub (ATOM)	Up to 10.5% % p.a.
   Bitget	Cosmos Hub (ATOM)	Up to 17% % p.a.

   View all 33 staking rewards

3. 3. Delegate Your ATOM

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