How to Stake OneFinity (ONE) in Australia

Introduction

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

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

   Platform	Coin	Cost
   BingX	OneFinity (ONE)	0.01
   Bitget	OneFinity (ONE)	0.01
   Bitpanda	OneFinity (ONE)	0.02
   Kucoin	OneFinity (ONE)	0.01
   MEXC Global	OneFinity (ONE)	0.04

   See all 9 prices

2. 2. Choose a OneFinity Wallet

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

   Platform	Coin	Staking returns
   Kucoin	OneFinity (ONE)	Up to 5.5% % p.a.
   Moonstake	OneFinity (ONE)	Up to 7.47% % p.a.

   View all 4 staking rewards

3. 3. Delegate Your ONE

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