How to Stake Ontology (ONT): A Step-by-Step Guide

Introduction

Staking Ontology can be a great option for those who want to hold ONT 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. Obtain Ontology (ONT) Tokens
In order to stake Ontology, you need to have it. To obtain Ontology, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Uphold Ontology (ONT) 0.19
OKX Ontology (ONT) 0.19
Binance Ontology (ONT) 0.19
Bitget Ontology (ONT) 0.19
CoinEx Ontology (ONT) 0.19
Gate.io Ontology (ONT) 0.19
See all 29 prices
2. Choose a Ontology Wallet
Once you have ONT, you’ll need to choose a Ontology wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
Binance Ontology (ONT) Up to 13.5 APY
CEX.io Ontology (ONT) Up to 10 APY
Exodus Ontology (ONT) Up to 17.08 APY
FMFW.io Ontology (ONT) Up to 16 APY
See all 10 staking rewards
3. Delegate Your ONT
We recommend using a staking pool when staking ONT. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ONT, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
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 Ontology network. You’ll be rewarded with ONT for these validations.

Platform	Coin	Price
Uphold	Ontology (ONT)	0.19
OKX	Ontology (ONT)	0.19
Binance	Ontology (ONT)	0.19
Bitget	Ontology (ONT)	0.19
CoinEx	Ontology (ONT)	0.19
Gate.io	Ontology (ONT)	0.19

Platform	Coin	Staking rewards
Binance	Ontology (ONT)	Up to 13.5 APY
CEX.io	Ontology (ONT)	Up to 10 APY
Exodus	Ontology (ONT)	Up to 17.08 APY
FMFW.io	Ontology (ONT)	Up to 16 APY

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.

Latest Movements

Ontology (ONT) is currently priced at $13.5 with a 24-hour trading volume of $19.73M. The market cap of Ontology stands at $221.86M, with 912.7M ONT in circulation. For those looking to buy or trade Ontology, Binance offers avenues to do so securely and efficiently}

Market cap: $221.86M
24h volume: $19.73M
Circulating supply: 912.7M ONT

See latest information

Frequently Asked Questions About Staking Ontology (ONT)

What are Ontology (ONT) staking rewards?: Ontology (ONT) staking rewards are incentives given to users for participating in the Ontology network by delegating their ONT tokens. Stay informed by using tools on Bitcompare to compare real-time rates and prices.
How can I start staking Ontology (ONT)?: To start staking Ontology, you need to delegate your ONT tokens through a supported wallet or exchange. Be sure to use Bitcompare for the latest Ontology news and real-time price comparisons.
What factors affect ONT staking rewards?: ONT staking rewards are influenced by the total amount of ONT staked and network performance. For the most up-to-date information, check Bitcompare's sentiment analysis and alerts.
Is there a minimum amount of ONT required for staking?: The minimum amount of ONT required for staking varies by platform. Always verify this on official sources and consider using Bitcompare for reliable exchange data.
How frequently are ONT staking rewards distributed?: ONT staking rewards are typically distributed based on network rules and your platform's policy. For precise timings, lookup information on Bitcompare and subscribe to email alerts.
Are there any risks involved in staking Ontology (ONT)?: Staking involves risks such as token price volatility. To make informed decisions, regularly visit Bitcompare for comprehensive news and sentiment data on Ontology.
Can I unstake my ONT at any time?: Most platforms allow you to unstake ONT after a lock-up period. Check specific conditions per provider and revisit Bitcompare for consistent updates on staking conditions.
What is the role of Bitcompare in my ONT staking strategy?: Bitcompare offers tools like price alerts, sentiment analysis, and news to keep you informed on Ontology. Bookmark the page to stay ahead in the cryptocurrency market.
How can I stay updated on Ontology news and events?: Use Bitcompare's latest Ontology news updates and email alerts. By staying informed, you can respond swiftly to market changes. Remember to check the page regularly.
Why is it important to use a comparison platform like Bitcompare?: A platform like Bitcompare lets you compare real-time rates and access valuable tools, helping ensure you make informed decisions in the fast-paced crypto market environment.