Introduction

Staking Bounce can be an excellent option for those who wish to hold AUCTION 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. 1. Obtain Bounce (AUCTION) Tokens

   To stake Bounce, you need to possess it. To obtain Bounce, you'll need to purchase it. You can choose from these popular exchanges.

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

   View all 43 prices

2. 2. Choose a Bounce Wallet

   Once you have AUCTION, you'll need to choose a Bounce wallet to store your tokens. Here are some suitable options.

3. 3. Delegate Your AUCTION

   We recommend using a staking pool when staking AUCTION. It's simpler and quicker to get started. A staking pool is a group of validators who combine their AUCTION, which increases their chances of validating transactions and earning rewards. You can do 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 is confirmed, you will automatically validate transactions on the Bounce network. You will be rewarded with AUCTION 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.