How to Stake LTO Network (LTO) in Australia

Introduction

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

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

   Platform	Coin	Cost
   Binance	LTO Network (LTO)	0
   Uphold	LTO Network (LTO)	0.04
   Bitmart	LTO Network (LTO)	0.07
   Bybit	LTO Network (LTO)	0.1
   CoinEx	LTO Network (LTO)	0.01
   FMFW.io	LTO Network (LTO)	0.05

   See all 18 prices

2. 2. Choose a LTO Network Wallet

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

   Platform	Coin	Staking returns
   Binance	LTO Network (LTO)	Up to 1.8% % p.a.
   MyCointainer	LTO Network (LTO)	Up to 7.08% % p.a.

   View all 5 staking rewards

3. 3. Delegate Your LTO

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