Introduction

Staking Bounce can be an excellent choice for individuals looking to hold AUCTION while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we have created this comprehensive guide to assist you.

Step-by-Step Guide

1. 1. Acquire Bounce (AUCTION) Tokens

   To stake Bounce, you first need to acquire it. To obtain Bounce, you can purchase it from these well-known exchanges.

   Platform	Coin	Price
   PrimeXBT	Bounce (AUCTION)	5.36 APY
   Binance	Bounce (AUCTION)	5.37 APY
   BTSE	Bounce (AUCTION)	5.37 APY
   Coinbase	Bounce (AUCTION)	5.37 APY
   Kraken	Bounce (AUCTION)	5.4 APY
   OKX	Bounce (AUCTION)	20.05 APY

   View all 43 prices

2. 2. Select a Bounce Wallet for Your Needs

   Once you have AUCTION, you'll need to select a Bounce wallet to securely store your tokens. Here are some excellent options to consider.

3. 3. Delegate Your AUCTION for Enhanced Returns

   We recommend utilizing a staking pool when staking AUCTION. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their AUCTION, enhancing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.

4. 4. Begin Verification

   You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the Bounce network. For these validations, you will be rewarded with AUCTION.

What to Consider in the Chinese Market

When engaging in transactions and participating in staking pools, it's important to factor in the associated fees. Additionally, there may be a waiting period before you begin to receive rewards. The staking pool must successfully generate blocks, which can require some time to accomplish.