How to Stake Gas (GAS) in Australia

Introduction

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

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

   Platform	Coin	Cost
   Binance	Gas (GAS)	2.16
   OKX	Gas (GAS)	2.85
   BingX	Gas (GAS)	2.16
   Bitget	Gas (GAS)	2.16
   Bitmart	Gas (GAS)	2.16
   Bitpanda	Gas (GAS)	5.72

   See all 31 prices

2. 2. Choose a Gas Wallet

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

   Platform	Coin	Staking returns
   Everstake	Gas (GAS)	Up to 9% % p.a.

3. 3. Delegate Your GAS

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