How to Stake Nibiru (NIBI) in Australia

Introduction

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

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

   Platform	Coin	Cost
   Bitmart	Nibiru (NIBI)	0.01
   CoinEx	Nibiru (NIBI)	0.01
   Gate.io	Nibiru (NIBI)	0.01
   Kucoin	Nibiru (NIBI)	0.01
   MEXC Global	Nibiru (NIBI)	0.01

   See all 10 prices

2. 2. Choose a Nibiru Wallet

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

   Platform	Coin	Staking returns
   Stakin	Nibiru (NIBI)	Up to 63.07% % p.a.

3. 3. Delegate Your NIBI

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