How to Stake Stader ETHx (ETHX) in Australia

Introduction

Staking Stader ETHx can be a great option for those who want to hold ETHX 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 Stader ETHx (ETHX) Tokens

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

2. 2. Choose a Stader ETHx Wallet

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

   Platform	Coin	Staking returns
   Everstake	Stader ETHx (ETHX)	Up to 3.38% p.a.

3. 3. Delegate Your ETHX

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