How to Stake Kaon (AKRO) in Australia

Introduction

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

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

   Platform	Coin	Cost
   Binance	Kaon (AKRO)	0.000981
   BingX	Kaon (AKRO)	0.00053
   Bitget	Kaon (AKRO)	0.000228
   Bitpanda	Kaon (AKRO)	0
   Bybit	Kaon (AKRO)	0
   FMFW.io	Kaon (AKRO)	0.0001325

   See all 23 prices

2. 2. Choose a Kaon Wallet

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

   Platform	Coin	Staking returns
   MyCointainer	Kaon (AKRO)	Up to 29.4% % p.a.

3. 3. Delegate Your AKRO

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