How to Stake Injective (INJ): A Comprehensive Guide for Australians

Introduction

Staking Injective can be a great option for those who want to hold INJ 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 Injective (INJ) Tokens
To stake Injective, you need to own it. To obtain Injective, you'll need to buy it. You can choose from these popular exchanges.
Platform Coin Cost
PrimeXBT Injective (INJ) 5.16
YouHodler Injective (INJ) 5.16
Binance Injective (INJ) 5.16
BTSE Injective (INJ) 5.16
Coinbase Injective (INJ) 5.16
See all 63 prices
2. Choose a Injective Wallet
Once you have INJ, you'll need to choose a Injective wallet to store your tokens. Here are some great options.
Platform Coin Staking returns
YouHodler Injective (INJ) Up to 15% % p.a.
Uphold Injective (INJ) Up to 9% % p.a.
Atomic Wallet Injective (INJ) Up to 17% % p.a.
Binance Injective (INJ) Up to 12.5% % p.a.
View all 25 staking rewards
3. Delegate Your INJ
We recommend using a staking pool when staking INJ. It's simpler and quicker to get started. A staking pool is a group of validators who combine their INJ, 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 Injective network. You'll be rewarded with INJ for these validations.

Platform	Coin	Cost
PrimeXBT	Injective (INJ)	5.16
YouHodler	Injective (INJ)	5.16
Binance	Injective (INJ)	5.16
BTSE	Injective (INJ)	5.16
Coinbase	Injective (INJ)	5.16

Platform	Coin	Staking returns
YouHodler	Injective (INJ)	Up to 15% % p.a.
Uphold	Injective (INJ)	Up to 9% % p.a.
Atomic Wallet	Injective (INJ)	Up to 17% % p.a.
Binance	Injective (INJ)	Up to 12.5% % 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.