How to Stake Harmony (ONE) in the UK

Introduction

Staking Harmony can be an excellent option for those who wish to hold ONE 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. 1. Obtain Harmony (ONE) Tokens

   To stake Harmony, you need to possess it. To obtain Harmony, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Binance	Harmony (ONE)	0
   BTSE	Harmony (ONE)	0
   OKX	Harmony (ONE)	0.01
   Uphold	Harmony (ONE)	0.01
   Bitmart	Harmony (ONE)	0.01

   View all 22 prices

2. 2. Choose a Harmony Wallet

   Once you have ONE, you'll need to choose a Harmony wallet to store your tokens. Here are some suitable options.

   Platform	Coin	Staking rewards
   Binance	Harmony (ONE)	Up to 6% AER
   Bitpanda	Harmony (ONE)	Up to 7% AER
   Chainode Tech	Harmony (ONE)	Up to 11% AER

   View all 6 staking rewards

3. 3. Delegate Your ONE

   We recommend using a staking pool when staking ONE. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ONE, which increases their chances of validating transactions and earning rewards. You can do 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 is confirmed, you will automatically validate transactions on the Harmony network. You will be rewarded with ONE 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.