How to Stake Portal (PORTAL) in Australia

Introduction

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

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

   Platform	Coin	Cost
   PrimeXBT	Portal (PORTAL)	0.02
   Binance	Portal (PORTAL)	0.02
   BTSE	Portal (PORTAL)	0.02
   Kraken	Portal (PORTAL)	0.02
   Azbit	Portal (PORTAL)	0.02
   BingX	Portal (PORTAL)	0.02

   See all 39 prices

2. 2. Choose a Portal Wallet

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

   Platform	Coin	Staking returns
   Bitmart	Portal (PORTAL)	Up to 1% % p.a.

3. 3. Delegate Your PORTAL

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