How to Stake Hedera (HBAR): A Step-by-Step Guide

Introduction

Staking Hedera can be a great option for those who want to hold HBAR but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. Obtain Hedera (HBAR) Tokens
In order to stake Hedera, you need to have it. To obtain Hedera, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Uphold Hedera (HBAR) 0,23
OKX Hedera (HBAR) 0,22
Binance Hedera (HBAR) 0,22
Coinbase Hedera (HBAR) 0,22
Bitget Hedera (HBAR) 0,22
MEXC Global Hedera (HBAR) 0,22
See all 50 prices
2. Choose a Hedera Wallet
Once you have HBAR, you’ll need to choose a Hedera wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
Uphold Hedera (HBAR) Up to 0,1 APY
Stader Hedera (HBAR) Up to 5,64 APY
See all 6 staking rewards
3. Delegate Your HBAR
We recommend using a staking pool when staking HBAR. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their HBAR, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
You’ll need to wait for your deposit to be confirmed by your wallet. Once it’s confirmed, you’ll automatically validate transactions on the Hedera network. You’ll be rewarded with HBAR for these validations.

Platform	Coin	Price
Uphold	Hedera (HBAR)	0,23
OKX	Hedera (HBAR)	0,22
Binance	Hedera (HBAR)	0,22
Coinbase	Hedera (HBAR)	0,22
Bitget	Hedera (HBAR)	0,22
MEXC Global	Hedera (HBAR)	0,22

Platform	Coin	Staking rewards
Uphold	Hedera (HBAR)	Up to 0,1 APY
Stader	Hedera (HBAR)	Up to 5,64 APY

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.

Latest Movements

Hedera (HBAR) is currently priced at US$0.1 with a 24-hour trading volume of US$518.74M. The market cap of Hedera stands at US$10.43B, with 38,26B HBAR in circulation. For those looking to buy or trade Hedera, Uphold offers avenues to do so securely and efficiently}

Market cap: US$10.43B
24h volume: US$518.74M
Circulating supply: 38,26B HBAR

See latest information

Frequently Asked Questions About Staking Hedera (HBAR)

What is staking in Hedera (HBAR)?: Staking in Hedera involves holding your HBAR tokens in a network-supported wallet to participate in transaction validation. It helps secure the network while allowing token holders to earn rewards. Stay updated using tools on Bitcompare for real-time comparisons and insights to make informed staking decisions.
How do I start staking HBAR?: To start staking HBAR, you need a compatible wallet that supports staking, and then choose a validator node. Use Bitcompare's resources to compare exchanges and rates. It's vital to stay informed about the latest developments in the crypto space. Bookmark the page to access these tools and news quickly.
What are the benefits of staking HBAR?: Staking HBAR helps secure the network and allows you to earn staking rewards. It supports network decentralization. Use Bitcompare's tools to understand rates and performance data before staking, ensuring you remain informed about the cryptocurrency market dynamics.
How are staking rewards calculated?: Staking rewards are calculated based on the number of tokens staked, the total amount staked on the network, and the duration of staking. Tools on Bitcompare can provide insights into how these factors impact rewards, enabling you to track real-time rates and updates.
Is there a minimum amount of HBAR required to stake?: Staking minimums can vary. Check your wallet or staking platform for specific requirements. Bitcompare offers tools to compare these details across platforms. Stay informed of any changes by regularly checking the page and using alerts to assist your decisions.
Can I unstake my HBAR at any time?: Yes, but unstaking terms vary by platform. Some might require a certain lock-up period. Use Bitcompare to review different platforms’ unstaking policies and set alerts for any updates to maximize your staking benefits while staying informed.
Are there any risks associated with staking HBAR?: While staking helps secure the network and offers returns, it involves risks, including market volatility and technical issues. Bitcompare's tools provide comparison and sentiment analysis to help you understand these risks, ensuring informed decision-making.
How often are staking rewards paid out?: Reward payout frequency depends on the staking platform. Some offer daily, weekly, or monthly payouts. Bitcompare helps track different platforms' payout cycles, giving you a clearer picture of their terms so you can make timely and informed decisions.