How to Stake Verse (VERSE) in Australia

Introduction

Staking Verse can be a great option for those who want to hold VERSE 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 Verse (VERSE) Tokens

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

   Platform	Coin	Cost
   BTSE	Verse (VERSE)	0.08
   Bitmart	Verse (VERSE)	0.1
   MEXC Global	Verse (VERSE)	0.00006733

2. 2. Choose a Verse Wallet

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

   Platform	Coin	Staking returns
   MyCointainer	Verse (VERSE)	Up to 5.06% % p.a.

3. 3. Delegate Your VERSE

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