How to Stake Harmony (ONE)

Introduction

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

Step-by-Step Anleitung

1. 1. Acquire Harmony (ONE) Tokens

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

   Plattform	Kryptowährung	Price
   Binance	Harmony (ONE)	0,01 APY
   BTSE	Harmony (ONE)	0,01 APY
   OKX	Harmony (ONE)	0,01 APY
   Uphold	Harmony (ONE)	0,01 APY
   Bitmart	Harmony (ONE)	0,01 APY

   View all 22 prices

2. 2. Select a Harmony Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Binance	Harmony (ONE)	Up to 6 % APY
   Bitpanda	Harmony (ONE)	Up to 7 % APY
   Chainode Tech	Harmony (ONE)	Up to 11 % APY

   Discover all 6 staking rewards available

3. 3. Delegate Your ONE

   We recommend using a staking pool when staking ONE. It's simpler and faster to get started. A staking pool is a collective of validators who pool their ONE, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 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 Harmony network. For these validations, you will be rewarded with ONE.

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.