How to Stake EOS (EOS) in Australia

Introduction

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

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

   Platform	Coin	Cost
   Nexo	EOS (EOS)	0.78
   PrimeXBT	EOS (EOS)	0.75
   EarnPark	EOS (EOS)	0.18
   YouHodler	EOS (EOS)	0.78
   Binance	EOS (EOS)	0.78
   BTSE	EOS (EOS)	0.78

   See all 55 prices

2. 2. Choose a EOS Wallet

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

   Platform	Coin	Staking returns
   YouHodler	EOS (EOS)	Up to 13% % p.a.
   Binance	EOS (EOS)	Up to 7.5% % p.a.

   View all 9 staking rewards

3. 3. Delegate Your EOS

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