Introduction
Staking OneFinity can be a great option for those who want to hold ONE but earn yield in a safe way while contributing to the network. The steps can be a bit daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Acquire OneFinity (ONE) Tokens
To stake OneFinity, you need to own it. To get OneFinity, you'll need to buy it. You can select from these popular exchanges.
See all 5 pricesPlatform Coin Price Bitget OneFinity (ONE) 0.02 BingX OneFinity (ONE) 0.02 MEXC Global OneFinity (ONE) 0.12 Kucoin OneFinity (ONE) 0.02 Bitpanda OneFinity (ONE) 0.02 2. Choose a OneFinity Wallet
Once you have ONE, you’ll need to choose a OneFinity wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards Kucoin OneFinity (ONE) Up to 5.5 APY Moonstake OneFinity (ONE) Up to 7.47 APY 3. Delegate Your ONE
We recommend using a staking pool when staking ONE. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ONE, 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 OneFinity network. You’ll be rewarded with ONE for these validations.
What to be Aware of
There are transaction and staking pool fees you need to consider. There might 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
OneFinity (ONE) is currently priced at USD 5.5 with a 24-hour trading volume of USD 133,295. The market cap of OneFinity stands at USD 3.06M, with USD 25.37M ONE in circulation. For those looking to buy or trade OneFinity, Kucoin offers avenues to do so securely and efficiently
- Market cap
- USD 3.06M
- 24h volume
- USD 133,295
- Circulating supply
- USD 25.37M