How to Stake Helium (HNT) for better returns

Introduction

Staking Helium can be an excellent choice for individuals looking to hold HNT 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 Helium (HNT) Tokens

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

   Platform	Coin	Price
   Binance	Helium (HNT)	4.67 APY
   Coinbase	Helium (HNT)	1.51 APY
   Kraken	Helium (HNT)	1.51 APY
   Uphold	Helium (HNT)	3.2 APY
   Azbit	Helium (HNT)	1.51 APY
   Bake	Helium (HNT)	1.51 APY

   View all 36 prices

2. 2. Select a Helium Wallet for Your Needs

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

   Platform	Coin	Staking returns
   Bitmart	Helium (HNT)	Up to 1% APY

3. 3. Delegate Your HNT for Enhanced Returns

   We recommend utilizing a staking pool when staking HNT. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their HNT, 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 Helium network. For these validations, you will be rewarded with HNT.

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.