Introduction
Staking Cosmos Hub can be a great choice for those who want to hold ATOM but earn yield in a secure way while contributing to the network. The steps can be a little overwhelming, especially the first time you go through them. That’s why we’ve put this guide together for you.
Step-by-step Guide
1. Get Cosmos Hub (ATOM) Tokens
To stake Cosmos Hub, you need to have it. To obtain Cosmos Hub, you'll need to purchase it. You can choose from these popular exchanges.
See all 69 pricesPlatform Loonies Price Nexo Cosmos Hub (ATOM) 4.1 PrimeXBT Cosmos Hub (ATOM) 4.09 Uphold Cosmos Hub (ATOM) 4.1 Kraken Cosmos Hub (ATOM) 4.09 OKX Cosmos Hub (ATOM) 4.1 YouHodler Cosmos Hub (ATOM) 4.09 2. Select a Cosmos Hub Wallet
Once you have ATOM, you’ll need to choose a Cosmos Hub wallet to store your tokens. Here are some good options.
See all 33 staking rewardsPlatform Loonies Staking rewards Uphold Cosmos Hub (ATOM) Up to 14.4 annual percentage yield YouHodler Cosmos Hub (ATOM) Up to 12 annual percentage yield Binance Cosmos Hub (ATOM) Up to 10.5 annual percentage yield Bitget Cosmos Hub (ATOM) Up to 17 annual percentage yield Kucoin Cosmos Hub (ATOM) Up to 12 annual percentage yield 3. Delegate Your ATOM
We recommend using a staking pool when staking ATOM. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their ATOM, 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 Cosmos Hub network. You'll be rewarded with ATOM for these validations.
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
Cosmos Hub (ATOM) is currently priced at US$12 with a 24-hour trading volume of US$184.61M. The market cap of Cosmos Hub is currently at US$2.52B, with 390.69M ATOM in circulation. For those interested in buying or trading Cosmos Hub, Uphold offers ways to do so securely and efficiently
- Market capitalization
- US$2.52B
- 24h volume
- US$184.61M
- Circulating supply
- 390.69M ATOM