Introduction
Staking Audius can be an excellent option for those who wish to hold AUDIO while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.
Step-by-Step Guide
1. Obtain Audius (AUDIO) Tokens
To stake Audius, you need to possess it. To obtain Audius, you'll need to purchase it. You can choose from these popular exchanges.
View all 33 pricesPlatform Coin Price Binance Audius (AUDIO) 0.03 Uphold Audius (AUDIO) 0.07 Bake Audius (AUDIO) 0.03 BingX Audius (AUDIO) 0.03 Bitget Audius (AUDIO) 0.03 Bitmart Audius (AUDIO) 0.06 2. Choose a Audius Wallet
Once you have AUDIO, you'll need to choose a Audius wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards Bitpanda Audius (AUDIO) Up to 15% AER 3. Delegate Your AUDIO
We recommend using a staking pool when staking AUDIO. It's simpler and quicker to get started. A staking pool is a group of validators who combine their AUDIO, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
4. Start Validating
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 Audius network. You will be rewarded with AUDIO for these validations.
What to Be Aware Of
There are transaction and staking pool fees you need to consider. There may also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
Latest Movements in the UK
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- Market capitalisation
- US$186.52M
- 24-hour volume
- US$6.86M
- Circulating supply
- 1.29B AUDIO
