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 if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. 1. Acquire Bounce (AUCTION) Tokens

   To stake Bounce, you first need to acquire it. To obtain Bounce, you'll need to buy it. You can select from these popular exchanges available in South Africa.

   Platform	Mint	Cost
   PrimeXBT	Bounce (AUCTION)	4,93
   Binance	Bounce (AUCTION)	4,93
   BTSE	Bounce (AUCTION)	4,94
   Coinbase	Bounce (AUCTION)	4,94
   Kraken	Bounce (AUCTION)	4,95
   OKX	Bounce (AUCTION)	20,05

   View all 43 prices

2. 2. Select a Bounce Wallet

   Once you have AUCTION, you'll need to choose a Bounce wallet to store your tokens securely. 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 quicker to get started. A staking pool is a collective of validators who combine 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'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Bounce network. You'll be rewarded with AUCTION for these validations.

What to Keep in Mind

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