How to Stake ZetaChain (ZETA) in Australia

Introduction

Staking ZetaChain can be a great option for those who want to hold ZETA 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 ZetaChain (ZETA) Tokens

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

   Platform	Coin	Cost
   PrimeXBT	ZetaChain (ZETA)	0.08
   BTSE	ZetaChain (ZETA)	0.08
   Coinbase	ZetaChain (ZETA)	0.08
   OKX	ZetaChain (ZETA)	0.18
   Uphold	ZetaChain (ZETA)	0.23
   Bitfinex	ZetaChain (ZETA)	0.9

   See all 33 prices

2. 2. Choose a ZetaChain Wallet

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

   Platform	Coin	Staking returns
   Bitpanda	ZetaChain (ZETA)	Up to 5% % p.a.

   View all 4 staking rewards

3. 3. Delegate Your ZETA

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