How to Stake Cosmos Hub (ATOM) in the UAE

Introduction

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

Step-by-Step Guide for UAE Residents

1. 1. Acquire Cosmos Hub (ATOM) Tokens

   To stake Cosmos Hub, you first need to acquire it. To obtain Cosmos Hub, you will need to purchase it from one of the popular exchanges available in the UAE.

   Platform	Cryptocurrency	Price
   Nexo	Cosmos Hub (ATOM)	1.99
   PrimeXBT	Cosmos Hub (ATOM)	1.99
   YouHodler	Cosmos Hub (ATOM)	1.99
   Binance	Cosmos Hub (ATOM)	1.99
   BTSE	Cosmos Hub (ATOM)	1.99
   Coinbase	Cosmos Hub (ATOM)	1.99

   View all 69 prices

2. 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 available in the UAE market.

   Platform	Cryptocurrency	Staking rewards in the UAE
   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

   Explore all 33 staking rewards available in the UAE market.

3. 3. Delegate Your ATOM in the UAE

   We recommend utilizing a staking pool when staking ATOM. It’s more straightforward and quicker to get started. A staking pool consists of a group of validators who pool their ATOM, increasing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin Verification

   You will need to wait for your deposit to be confirmed by your digital wallet. Once it's confirmed, you will automatically validate transactions on the Cosmos Hub network. For these validations, you will be rewarded with ATOM.

What to Consider in the UAE Market

In the UAE, it's important to factor in transaction and staking pool fees when engaging in cryptocurrency activities. Additionally, you may experience a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.