How to Stake XPLA (XPLA): A Comprehensive Guide for Australians

Introduction

Staking XPLA can be a great option for those who want to hold XPLA 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. Obtain XPLA (XPLA) Tokens
To stake XPLA, you need to own it. To obtain XPLA, you'll need to buy it. You can choose from these popular exchanges.
Platform Coin Cost
Bitget XPLA (XPLA) 0.04
CoinEx XPLA (XPLA) 0.02
Crypto.com XPLA (XPLA) 0.02
Gate.io XPLA (XPLA) 0.02
HTX XPLA (XPLA) 0.04
MEXC Global XPLA (XPLA) 0.04
See all 12 prices
2. Choose a XPLA Wallet
Once you have XPLA, you'll need to choose a XPLA wallet to store your tokens. Here are some great options.
Platform Coin Staking returns
Everstake XPLA (XPLA) Up to 10.79% % p.a.
3. Delegate Your XPLA
We recommend using a staking pool when staking XPLA. It's simpler and quicker to get started. A staking pool is a group of validators who combine their XPLA, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 XPLA network. You'll be rewarded with XPLA for these validations.

Platform	Coin	Cost
Bitget	XPLA (XPLA)	0.04
CoinEx	XPLA (XPLA)	0.02
Crypto.com	XPLA (XPLA)	0.02
Gate.io	XPLA (XPLA)	0.02
HTX	XPLA (XPLA)	0.04
MEXC Global	XPLA (XPLA)	0.04

Platform	Coin	Staking returns
Everstake	XPLA (XPLA)	Up to 10.79% % p.a.

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.