Introduction

Staking Bounce can be a great option for those who want to hold AUCTION 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 Bounce (AUCTION) Tokens

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

   Platform	Coin	Price
   Kraken	Bounce (AUCTION)	8.74
   OKX	Bounce (AUCTION)	20.05
   Binance	Bounce (AUCTION)	8.71
   BTSE	Bounce (AUCTION)	8.72
   Coinbase	Bounce (AUCTION)	8.73
   MEXC Global	Bounce (AUCTION)	8.73

   See all 42 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 good options.

3. 3. Delegate Your AUCTION

   We recommend using a staking pool when staking AUCTION. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their AUCTION, 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 Bounce network. You'll be rewarded with AUCTION 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.