How to Stake Cosmos Hub (ATOM): A Comprehensive Guide for Italian Investors

Introduction

Staking Cosmos Hub can be an excellent choice for those looking to hold ATOM while earning APY in a secure manner and supporting the network. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. Acquire Cosmos Hub (ATOM) Tokens

To stake Cosmos Hub, you must first acquire it. To obtain Cosmos Hub, you'll need to buy it. You can select from these well-known exchanges available in Italy.

Piattaforma	Criptovaluta	Value
Nexo	Cosmos Hub (ATOM)	4,64 APY
PrimeXBT	Cosmos Hub (ATOM)	4,51 APY
YouHodler	Cosmos Hub (ATOM)	4,52 APY
Uphold	Cosmos Hub (ATOM)	4,45 APY
Kraken	Cosmos Hub (ATOM)	4,52 APY
OKX	Cosmos Hub (ATOM)	4,38 APY

Check out all 69 prices

2. Select a Cosmos Hub Wallet

Once you have ATOM, you'll need to select a Cosmos Hub wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.

Piattaforma	Criptovaluta	Staking rewards
YouHodler	Cosmos Hub (ATOM)	Up to 12% APY
Uphold	Cosmos Hub (ATOM)	Up to 15% APY
Bake	Cosmos Hub (ATOM)	Up to 12% APY
Binance	Cosmos Hub (ATOM)	Up to 10,5% APY
Bitget	Cosmos Hub (ATOM)	Up to 17% APY

Discover all 33 staking rewards available to you

3. Delegate Your ATOM
We recommend using a staking pool when staking ATOM. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their ATOM, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
4. Begin the Validation Process
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 Cosmos Hub network. For these validations, you'll receive rewards in ATOM.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.

Recent Developments

Cosmos Hub (ATOM) is currently priced at US$17 with a 24-hour trading volume of US$184.61M. The market cap of Cosmos Hub stands at US$2.52B, with 390,69M ATOM in circulation. For those looking to buy or trade Cosmos Hub, YouHodler offers avenues to do so securely and efficiently

Market capitalization: US$2.52B
24h volume in the Italian market: US$184.61M
Circulating supply: 390,69M ATOM

Check out the latest updates

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