How to Stake Osmosis (OSMO)

Introduction

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

Step-by-Step Anleitung

1. 1. Acquire Osmosis (OSMO) Tokens

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

   Plattform	Kryptowährung	Price
   Nexo	Osmosis (OSMO)	0,17 APY
   Kraken	Osmosis (OSMO)	0,16 APY
   Binance	Osmosis (OSMO)	0,16 APY
   Coinbase	Osmosis (OSMO)	0,16 APY
   Bake	Osmosis (OSMO)	0,16 APY
   BingX	Osmosis (OSMO)	0,16 APY

   View all 38 prices

2. 2. Select a Osmosis Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Atomic Wallet	Osmosis (OSMO)	Up to 22 % APY
   Binance	Osmosis (OSMO)	Up to 2,5 % APY
   Bitget	Osmosis (OSMO)	Up to 8 % APY

   Discover all 22 staking rewards available

3. 3. Delegate Your OSMO

   We recommend using a staking pool when staking OSMO. It's simpler and faster to get started. A staking pool is a collective of validators who pool their OSMO, 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 Osmosis network. For these validations, you will be rewarded with OSMO.

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.