Introduction

Staking Bounce can be an excellent choice for those 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've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire Bounce (AUCTION) Tokens

   To stake Bounce, you first need to acquire it. To obtain Bounce, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

   Plattform	Kryptowährung	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

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

3. 3. Delegate Your AUCTION

   We recommend using a staking pool when staking AUCTION. It's simpler and faster to get started. A staking pool is a collective of validators who pool their AUCTION, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

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

What to Consider

There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.