How to Stake Presearch (PRE) in Australia

Introduction

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

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

   Platform	Coin	Cost
   Bitmart	Presearch (PRE)	3.14
   CoinEx	Presearch (PRE)	0
   Kucoin	Presearch (PRE)	0

   See all 6 prices

2. 2. Choose a Presearch Wallet

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

   Platform	Coin	Staking returns
   MyCointainer	Presearch (PRE)	Up to 20% % p.a.

3. 3. Delegate Your PRE

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