How to Stake Sei (SEI) in Australia

Introduction

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

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

   Platform	Coin	Cost
   PrimeXBT	Sei (SEI)	0.12
   OKX	Sei (SEI)	0.12
   Uphold	Sei (SEI)	0.2
   Bake	Sei (SEI)	0.12
   BingX	Sei (SEI)	0.12

   See all 26 prices

2. 2. Choose a Sei Wallet

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

   Platform	Coin	Staking returns
   Bitget	Sei (SEI)	Up to 4.5% % p.a.
   Bitmart	Sei (SEI)	Up to 1% % p.a.
   Bitpanda	Sei (SEI)	Up to 4% % p.a.
   Everstake	Sei (SEI)	Up to 4.4% % p.a.

   View all 10 staking rewards

3. 3. Delegate Your SEI

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