How to Stake PIVX (PIVX) in Australia

Introduction

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

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

   Platform	Coin	Cost
   Binance	PIVX (PIVX)	0.13
   Bitmart	PIVX (PIVX)	0.13
   CoinEx	PIVX (PIVX)	0.13
   Gate.io	PIVX (PIVX)	0.16
   LBank	PIVX (PIVX)	0.34
   MEXC Global	PIVX (PIVX)	0.13

   See all 12 prices

2. 2. Choose a PIVX Wallet

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

   Platform	Coin	Staking returns
   MyCointainer	PIVX (PIVX)	Up to 6.5% % p.a.

3. 3. Delegate Your PIVX

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