How to Stake FLOKI (FLOKI): A Comprehensive Guide for Australians

Introduction

Staking FLOKI can be a great option for those who want to hold FLOKI 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. Obtain FLOKI (FLOKI) Tokens
To stake FLOKI, you need to own it. To obtain FLOKI, you'll need to buy it. You can choose from these popular exchanges.
Platform Coin Cost
YouHodler FLOKI (FLOKI) 0.00004027
Binance FLOKI (FLOKI) 0.00004005
BTSE FLOKI (FLOKI) 0.00004001
Coinbase FLOKI (FLOKI) 0.0000399
Kraken FLOKI (FLOKI) 0.00003991
OKX FLOKI (FLOKI) 0.00006549
See all 49 prices
2. Choose a FLOKI Wallet
Once you have FLOKI, you'll need to choose a FLOKI wallet to store your tokens. Here are some great options.
Platform Coin Staking returns
YouHodler FLOKI (FLOKI) Up to 15% % p.a.
Binance FLOKI (FLOKI) Up to 5.44% % p.a.
Bitmart FLOKI (FLOKI) Up to 1% % p.a.
View all 6 staking rewards
3. Delegate Your FLOKI
We recommend using a staking pool when staking FLOKI. It's simpler and quicker to get started. A staking pool is a group of validators who combine their FLOKI, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 FLOKI network. You'll be rewarded with FLOKI for these validations.

Platform	Coin	Cost
YouHodler	FLOKI (FLOKI)	0.00004027
Binance	FLOKI (FLOKI)	0.00004005
BTSE	FLOKI (FLOKI)	0.00004001
Coinbase	FLOKI (FLOKI)	0.0000399
Kraken	FLOKI (FLOKI)	0.00003991
OKX	FLOKI (FLOKI)	0.00006549

Platform	Coin	Staking returns
YouHodler	FLOKI (FLOKI)	Up to 15% % p.a.
Binance	FLOKI (FLOKI)	Up to 5.44% % p.a.
Bitmart	FLOKI (FLOKI)	Up to 1% % p.a.

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.