Introduction
Staking Cosmos Hub can be an excellent option for those who wish to hold ATOM while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.
Step-by-Step Guide
1. Obtain Cosmos Hub (ATOM) Tokens
To stake Cosmos Hub, you need to possess it. To obtain Cosmos Hub, you'll need to purchase it. You can choose from these popular exchanges.
View all 69 pricesPlatform Coin Price Nexo Cosmos Hub (ATOM) 1.99 PrimeXBT Cosmos Hub (ATOM) 1.98 YouHodler Cosmos Hub (ATOM) 1.98 Binance Cosmos Hub (ATOM) 1.98 BTSE Cosmos Hub (ATOM) 1.98 Coinbase Cosmos Hub (ATOM) 1.98 2. Choose a Cosmos Hub Wallet
Once you have ATOM, you'll need to choose a Cosmos Hub wallet to store your tokens. Here are some suitable options.
View all 33 staking rewardsPlatform Coin Staking rewards YouHodler Cosmos Hub (ATOM) Up to 12% AER Uphold Cosmos Hub (ATOM) Up to 15% AER Bake Cosmos Hub (ATOM) Up to 12% AER Binance Cosmos Hub (ATOM) Up to 10.5% AER Bitget Cosmos Hub (ATOM) Up to 17% AER 3. Delegate Your ATOM
We recommend using a staking pool when staking ATOM. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ATOM, which increases their chances of validating transactions and earning rewards. You can do 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 is confirmed, you will automatically validate transactions on the Cosmos Hub network. You will be rewarded with ATOM for these validations.
What to Be Aware Of
There are transaction and staking pool fees you need to consider. There may 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 in the UK
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- Market capitalisation
- US$2.52B
- 24-hour volume
- US$184.61M
- Circulating supply
- 390.69M ATOM
