How to Stake Cosmos Hub (ATOM) for better returns

Introduction

Staking Cosmos Hub can be an excellent choice for individuals looking to hold ATOM while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we have created this comprehensive guide to assist you.

Step-by-Step Guide

1. 1. Acquire Cosmos Hub (ATOM) Tokens

   To stake Cosmos Hub, you first need to acquire it. To obtain Cosmos Hub, you can purchase it from these well-known exchanges.

   Platform	Coin	Price
   Nexo	Cosmos Hub (ATOM)	2.06 APY
   PrimeXBT	Cosmos Hub (ATOM)	2.05 APY
   YouHodler	Cosmos Hub (ATOM)	2.05 APY
   Binance	Cosmos Hub (ATOM)	2.05 APY
   BTSE	Cosmos Hub (ATOM)	2.05 APY
   Coinbase	Cosmos Hub (ATOM)	2.05 APY

   View all 69 prices

2. 2. Select a Cosmos Hub Wallet for Your Needs

   Once you have ATOM, you'll need to select a Cosmos Hub wallet to securely store your tokens. Here are some excellent options to consider.

   Platform	Coin	Staking returns
   YouHodler	Cosmos Hub (ATOM)	Up to 12% APY
   Uphold	Cosmos Hub (ATOM)	Up to 15% APY
   Bake	Cosmos Hub (ATOM)	Up to 12% APY
   Binance	Cosmos Hub (ATOM)	Up to 10.5% APY
   Bitget	Cosmos Hub (ATOM)	Up to 17% APY

   View all 33 staking rewards available

3. 3. Delegate Your ATOM for Enhanced Returns

   We recommend utilizing a staking pool when staking ATOM. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their ATOM, enhancing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.

4. 4. Begin Verification

   You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the Cosmos Hub network. For these validations, you will be rewarded with ATOM.

What to Consider in the Chinese Market

When engaging in transactions and participating in staking pools, it's important to factor in the associated fees. Additionally, there may be a waiting period before you begin to receive rewards. The staking pool must successfully generate blocks, which can require some time to accomplish.