Where and How to Stake Harmony (ONE)

Introduction

Staking Harmony can be a great option for those who want to hold ONE 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 Harmony (ONE) Tokens

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

   Platform	Coin	Price
   Uphold	Harmony (ONE)	0.01
   OKX	Harmony (ONE)	0.01
   Binance	Harmony (ONE)	0.01
   BTSE	Harmony (ONE)	0.01
   Gate.io	Harmony (ONE)	0.01
   Bitmart	Harmony (ONE)	0.01

   See all 22 prices

2. 2. Choose a Harmony Wallet

   Once you have ONE, you'll need to choose a Harmony wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Binance	Harmony (ONE)	Up to 6% APY
   Bitpanda	Harmony (ONE)	Up to 7% APY

   See all 6 staking rewards

3. 3. Delegate Your ONE

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