How to Stake Helium (HNT) in Australia

Introduction

Staking Helium can be a great option for those who want to hold HNT while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.

Step-by-Step Guide

1. 1. Obtain Helium (HNT) Tokens

   To stake Helium, you need to own it. To obtain Helium, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Cost
   Binance	Helium (HNT)	4.67
   Coinbase	Helium (HNT)	1.41
   Kraken	Helium (HNT)	1.41
   Uphold	Helium (HNT)	3.2
   Azbit	Helium (HNT)	1.41
   Bake	Helium (HNT)	1.4

   See all 36 prices

2. 2. Choose a Helium Wallet

   Once you have HNT, you'll need to choose a Helium wallet to store your tokens. Here are some great options.

   Platform	Coin	Staking returns
   Bitmart	Helium (HNT)	Up to 1% % p.a.

3. 3. Delegate Your HNT

   We recommend using a staking pool when staking HNT. It's simpler and quicker to get started. A staking pool is a group of validators who combine their HNT, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Begin Validation

   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 Helium network. You'll be rewarded with HNT for these validations.

What to Be Aware Of

There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.