How to Stake Humanode (HMND): A Comprehensive Guide for Australians

Introduction

Staking Humanode can be a great option for those who want to hold HMND 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. Obtain Humanode (HMND) Tokens
To stake Humanode, you need to own it. To obtain Humanode, you'll need to buy it. You can choose from these popular exchanges.
Platform Coin Cost
BingX Humanode (HMND) 0.01
Bitmart Humanode (HMND) 0.02
CoinEx Humanode (HMND) 0.01
Kucoin Humanode (HMND) 0.01
MEXC Global Humanode (HMND) 0.01
See all 10 prices
2. Choose a Humanode Wallet
Once you have HMND, you'll need to choose a Humanode wallet to store your tokens. Here are some great options.
3. Delegate Your HMND
We recommend using a staking pool when staking HMND. It's simpler and quicker to get started. A staking pool is a group of validators who combine their HMND, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Humanode network. You'll be rewarded with HMND for these validations.

Platform	Coin	Cost
BingX	Humanode (HMND)	0.01
Bitmart	Humanode (HMND)	0.02
CoinEx	Humanode (HMND)	0.01
Kucoin	Humanode (HMND)	0.01
MEXC Global	Humanode (HMND)	0.01

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.