Introduction
Staking Ontology can be a great choice for those who want to hold ONT 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 Ontology (ONT) Tokens
To stake Ontology, you need to have it. To obtain Ontology, you'll need to purchase it. You can choose from these popular exchanges.
See all 29 pricesPlatform Loonies Price Uphold Ontology (ONT) 0.14 OKX Ontology (ONT) 0.14 Binance Ontology (ONT) 0.14 Bitget Ontology (ONT) 0.14 CoinEx Ontology (ONT) 0.14 Gate.io Ontology (ONT) 0.16 2. Select a Ontology Wallet
Once you have ONT, you’ll need to choose a Ontology wallet to store your tokens. Here are some good options.
See all 10 staking rewardsPlatform Loonies Staking rewards Binance Ontology (ONT) Up to 13.5 annual percentage yield Exodus Ontology (ONT) Up to 17.08 annual percentage yield CEX.io Ontology (ONT) Up to 10 annual percentage yield 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.
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 US$16 with a 24-hour trading volume of US$19.73M. The market cap of Ontology is currently at US$221.86M, with 912.7M ONT in circulation. For those interested in buying or trading Ontology, Binance offers ways to do so securely and efficiently
- Market capitalization
- US$221.86M
- 24h volume
- US$19.73M
- Circulating supply
- 912.7M ONT