Where & How to Stake Audius (AUDIO)

Introduction

Staking Audius can be a great option for those who want to hold AUDIO but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Audius (AUDIO) Tokens

   In order to stake Audius, you need to have it. To obtain Audius, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitpanda	Audius (AUDIO)	$0.1276
   Uphold	Audius (AUDIO)	$0.1274
   Kraken	Audius (AUDIO)	$0.1261
   PrimeXBT	Audius (AUDIO)	$0.6598
   Binance	Audius (AUDIO)	$0.1256
   Coinbase	Audius (AUDIO)	$0.1253

   See all 14 prices

2. 2. Choose a Audius Wallet

   Once you have AUDIO, you’ll need to choose a Audius wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Bitpanda	Audius (AUDIO)	Up to 15% APY
   MyCointainer	Audius (AUDIO)	Up to 15.2% APY

3. 3. Delegate Your AUDIO

   We recommend using a staking pool when staking AUDIO. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their AUDIO, which gives them a higher chance of validating transactions and earning rewards. You can do 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 Audius network. You’ll be rewarded with AUDIO for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.