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An in-depth guide on the best way to stake HBTC.
We have a lot of data on staking Huobi BTC and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Staking Huobi BTC can be a great option for those who want to hold HBTC 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.
In order to stake Huobi BTC, you need to have it. To obtain Huobi BTC, you'll need to purchase it. You can choose from these popular exchanges.
Once you have HBTC, you’ll need to choose a Huobi BTC wallet to store your tokens. Here are some good options.
We recommend using a staking pool when staking HBTC. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their HBTC, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
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 Huobi BTC network. You’ll be rewarded with HBTC for these validations.
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.
