Introduction

Staking Tether Gold can be an excellent choice for those looking to hold XAUT 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 Tether Gold (XAUT) Tokens

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

   Platform	Mint	Cost
   YouHodler	Tether Gold (XAUT)	4 476,22
   BTSE	Tether Gold (XAUT)	4 462,7
   Coinbase	Tether Gold (XAUT)	2 641,15
   OKX	Tether Gold (XAUT)	4 470
   Azbit	Tether Gold (XAUT)	0
   Bake	Tether Gold (XAUT)	4 461,12

   View all 40 prices

2. 2. Select a Tether Gold Wallet

   Once you have XAUT, you'll need to choose a Tether Gold wallet to store your tokens securely. Here are some solid options to consider.

3. 3. Delegate Your XAUT

   We recommend using a staking pool when staking XAUT. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their XAUT, 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 Tether Gold network. You'll be rewarded with XAUT 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.