How to Stake OneFinity (ONE) for better returns

Introduction

Staking OneFinity can be an excellent choice for individuals looking to hold ONE 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 OneFinity (ONE) Tokens

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

   平台	Coin	Price
   BingX	OneFinity (ONE)	0 APY
   Bitget	OneFinity (ONE)	0 APY
   Bitpanda	OneFinity (ONE)	0.02 APY
   Kucoin	OneFinity (ONE)	0 APY
   MEXC Global	OneFinity (ONE)	0.04 APY

   View all 9 prices

2. 2. Select a OneFinity Wallet for Your Needs

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

   平台	Coin	Staking returns
   Kucoin	OneFinity (ONE)	Up to 5.5% APY
   Moonstake	OneFinity (ONE)	Up to 7.47% APY

   View all 4 staking rewards available

3. 3. Delegate Your ONE for Enhanced Returns

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

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.