How to Stake JUNO (JUNO) in Australia

Introduction

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

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

   Platform	Coin	Cost
   Kraken	JUNO (JUNO)	0.07
   MEXC Global	JUNO (JUNO)	0.07

   See all 4 prices

2. 2. Choose a JUNO Wallet

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

   Platform	Coin	Staking returns
   Stakely.io	JUNO (JUNO)	Up to 23.81% % p.a.
   Stakewolle	JUNO (JUNO)	Up to 30.57% % p.a.
   Stakin	JUNO (JUNO)	Up to 25.57% % p.a.

   View all 6 staking rewards

3. 3. Delegate Your JUNO

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