How to Stake Cronos (CRO) in Australia

Introduction

Staking Cronos can be a great option for those who want to hold CRO 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 Cronos (CRO) Tokens

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

   Platform	Coin	Cost
   Coinbase	Cronos (CRO)	0.1
   Kraken	Cronos (CRO)	0.1
   OKX	Cronos (CRO)	0.14
   Uphold	Cronos (CRO)	0.1
   Azbit	Cronos (CRO)	0.1
   BingX	Cronos (CRO)	0.33

   See all 34 prices

2. 2. Choose a Cronos Wallet

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

   Platform	Coin	Staking returns
   Atomic Wallet	Cronos (CRO)	Up to 10% % p.a.

   View all 4 staking rewards

3. 3. Delegate Your CRO

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