How to Stake Osmosis (OSMO) for better returns

Introduction

Staking Osmosis can be an excellent choice for individuals looking to hold OSMO 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 Osmosis (OSMO) Tokens

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

   Platform	Coin	Price
   Nexo	Osmosis (OSMO)	0.05 APY
   Binance	Osmosis (OSMO)	0.05 APY
   Coinbase	Osmosis (OSMO)	0.05 APY
   Kraken	Osmosis (OSMO)	0.05 APY
   Bake	Osmosis (OSMO)	0.05 APY
   BingX	Osmosis (OSMO)	0.05 APY

   View all 39 prices

2. 2. Select a Osmosis Wallet for Your Needs

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

   Platform	Coin	Staking returns
   Atomic Wallet	Osmosis (OSMO)	Up to 22% APY
   Binance	Osmosis (OSMO)	Up to 2.5% APY
   Bitget	Osmosis (OSMO)	Up to 8% APY

   View all 22 staking rewards available

3. 3. Delegate Your OSMO for Enhanced Returns

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

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.