How to Stake ThunderCore (TT) in Australia

Introduction

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

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

   Platform	Coin	Cost
   Bitpanda	ThunderCore (TT)	0
   CoinEx	ThunderCore (TT)	0
   Gate.io	ThunderCore (TT)	0
   HTX	ThunderCore (TT)	0
   LBank	ThunderCore (TT)	412

   See all 8 prices

2. 2. Choose a ThunderCore Wallet

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

   Platform	Coin	Staking returns
   MyCointainer	ThunderCore (TT)	Up to 43.6% % p.a.

3. 3. Delegate Your TT

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