How to Stake ZKsync (ZK): A Comprehensive Guide for Australians

Introduction

Staking ZKsync can be a great option for those who want to hold ZK 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 ZKsync (ZK) Tokens
To stake ZKsync, you need to own it. To obtain ZKsync, you'll need to buy it. You can choose from these popular exchanges.
Platform Coin Cost
PrimeXBT ZKsync (ZK) 0.03
BTSE ZKsync (ZK) 0.03
Coinbase ZKsync (ZK) 0.03
Kraken ZKsync (ZK) 0.03
OKX ZKsync (ZK) 0.06
Bake ZKsync (ZK) 0.03
See all 42 prices
2. Choose a ZKsync Wallet
Once you have ZK, you'll need to choose a ZKsync wallet to store your tokens. Here are some great options.
Platform Coin Staking returns
Bitmart ZKsync (ZK) Up to 1% % p.a.
3. Delegate Your ZK
We recommend using a staking pool when staking ZK. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ZK, 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 ZKsync network. You'll be rewarded with ZK for these validations.

Platform	Coin	Cost
PrimeXBT	ZKsync (ZK)	0.03
BTSE	ZKsync (ZK)	0.03
Coinbase	ZKsync (ZK)	0.03
Kraken	ZKsync (ZK)	0.03
OKX	ZKsync (ZK)	0.06
Bake	ZKsync (ZK)	0.03

Platform	Coin	Staking returns
Bitmart	ZKsync (ZK)	Up to 1% % 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.