How to Stake Helium (HNT): A Step-by-Step Guide

Introduction

Staking Helium can be a great option for those who want to hold HNT 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 Helium (HNT) Tokens
In order to stake Helium, you need to have it. To obtain Helium, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Uphold Helium (HNT) 3,72
Kraken Helium (HNT) 3,54
Coinbase Helium (HNT) 3,54
Bitget Helium (HNT) 3,55
MEXC Global Helium (HNT) 3,53
Kucoin Helium (HNT) 3,54
See all 33 prices
2. Choose a Helium Wallet
Once you have HNT, you’ll need to choose a Helium wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
MyCointainer Helium (HNT) Up to 4,9 APY
Bitmart Helium (HNT) Up to 1 APY
3. Delegate Your HNT
We recommend using a staking pool when staking HNT. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their HNT, 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 Helium network. You’ll be rewarded with HNT for these validations.

Platform	Coin	Price
Uphold	Helium (HNT)	3,72
Kraken	Helium (HNT)	3,54
Coinbase	Helium (HNT)	3,54
Bitget	Helium (HNT)	3,55
MEXC Global	Helium (HNT)	3,53
Kucoin	Helium (HNT)	3,54

Platform	Coin	Staking rewards
MyCointainer	Helium (HNT)	Up to 4,9 APY
Bitmart	Helium (HNT)	Up to 1 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

Helium (HNT) is currently priced at US$4.9 with a 24-hour trading volume of US$19.36M. The market cap of Helium stands at US$1.01B, with 176,23M HNT in circulation. For those looking to buy or trade Helium, MyCointainer offers avenues to do so securely and efficiently}

Market cap: US$1.01B
24h volume: US$19.36M
Circulating supply: 176,23M HNT

See latest information

Frequently Asked Questions About Staking Helium (HNT)

What are Helium (HNT) staking rewards?: Helium (HNT) staking rewards are incentives for participants who lock up their HNT tokens to support network operations. Staying informed about rates on platforms like Bitcompare can help you make the most of your staking strategy.
How often are staking rewards distributed?: Staking rewards are typically distributed periodically, but the exact timing can vary. Check Bitcompare for real-time updates and alerts to ensure you don't miss out on any changes.
What factors influence staking rewards?: Staking rewards are influenced by network participation, the amount of HNT staked, and overall network conditions. Regularly check sentiment analysis and news on Bitcompare to understand these dynamics.
Are there any risks in staking Helium?: While staking can offer rewards, it also carries risks such as market volatility. Utilize Bitcompare's tools for price comparisons and email alerts to stay aware of market shifts and manage risks effectively.
Can I unstake my HNT at any time?: Unstaking conditions depend on the platform you use. It's important to check the terms on Bitcompare and stay updated on potential changes that may affect unstaking options.
How can I maximize my staking rewards?: Stay informed about network performance, staking rates, and market trends by using Bitcompare's resources. Regularly checking real-time data helps you make data-driven decisions to optimize your rewards.
Where can I find the latest updates on Helium?: For the latest news and events on Helium, check Bitcompare. By visiting the page regularly and using tools like real-time alerts, you’ll stay informed and ahead in the crypto market.
Why should I stay updated with Helium staking?: The cryptocurrency market is highly dynamic. Staying updated ensures you can adapt your strategy as conditions change. Use Bitcompare to access real-time information and stay competitive.
What are the benefits of using Bitcompare for Helium?: Bitcompare provides tools like real-time price comparisons, sentiment analysis, and news alerts, helping you stay informed and make well-informed decisions without any financial advice.