How to Stake WHALE (whale) in Australia

Introduction

Staking WHALE can be a great option for those who want to hold whale 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 WHALE (whale) Tokens

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

   Platform	Coin	Cost
   CoinEx	WHALE (whale)	0.5
   Gate.io	WHALE (whale)	0.36
   HTX	WHALE (whale)	0.45
   Kucoin	WHALE (whale)	0.28

   See all 7 prices

2. 2. Choose a WHALE Wallet

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

   Platform	Coin	Staking returns
   Stakewolle	WHALE (whale)	Up to 9.45% p.a.

3. 3. Delegate Your whale

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