How to Stake Toncoin (TON) in Australia

Introduction

Staking Toncoin can be a great option for those who want to hold TON 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 Toncoin (TON) Tokens

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

   Platform	Coin	Cost
   PrimeXBT	Toncoin (TON)	1.85
   EarnPark	Toncoin (TON)	1.85
   YouHodler	Toncoin (TON)	1.85
   Binance	Toncoin (TON)	1.85
   BTSE	Toncoin (TON)	1.85
   Coinbase	Toncoin (TON)	1.85

   See all 65 prices

2. 2. Choose a Toncoin Wallet

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

   Platform	Coin	Staking returns
   YouHodler	Toncoin (TON)	Up to 20% % p.a.
   Binance	Toncoin (TON)	Up to 3.6% % p.a.
   Bitget	Toncoin (TON)	Up to 4% % p.a.
   Bitmart	Toncoin (TON)	Up to 3% % p.a.

   View all 11 staking rewards

3. 3. Delegate Your TON

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