How to Stake Cosmos Hub (ATOM): A Step-by-Step Guide for German Investors

Introduction

Staking Cosmos Hub can be an excellent choice for those 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've created this guide to assist you.

Step-by-Step Anleitung

1. Acquire Cosmos Hub (ATOM) Tokens

To stake Cosmos Hub, you first need to acquire it. To obtain Cosmos Hub, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

Plattform	Kryptowährung	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. Select a Cosmos Hub Wallet

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

Plattform	Kryptowährung	Staking rewards
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

Discover all 33 staking rewards available

3. Delegate Your ATOM
We recommend using a staking pool when staking ATOM. It's simpler and faster to get started. A staking pool is a collective of validators who pool their ATOM, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
4. Start Validating
You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Cosmos Hub network. For these validations, you will be rewarded with ATOM.

What to Consider

There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.