How to Stake Ontology (ONT) for better returns

Introduction

Staking Ontology can be an excellent choice for individuals looking to hold ONT 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 Ontology (ONT) Tokens

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

   平台	Coin	Price
   Binance	Ontology (ONT)	0.14 APY
   OKX	Ontology (ONT)	0.15 APY
   Uphold	Ontology (ONT)	0.14 APY
   Azbit	Ontology (ONT)	0.14 APY
   BingX	Ontology (ONT)	0.14 APY
   Bitget	Ontology (ONT)	0.14 APY

   View all 30 prices

2. 2. Select a Ontology Wallet for Your Needs

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

   平台	Coin	Staking returns
   Binance	Ontology (ONT)	Up to 13.5% APY
   CEX.io	Ontology (ONT)	Up to 10% APY
   Exodus	Ontology (ONT)	Up to 17.08% APY

   View all 10 staking rewards available

3. 3. Delegate Your ONT for Enhanced Returns

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

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.