Introduction
Staking Helium can be an excellent option for those who wish to hold HNT 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 Helium (HNT) Tokens
To stake Helium, you need to possess it. To obtain Helium, you'll need to purchase it. You can choose from these popular exchanges.
View all 36 pricesPlatform Coin Price Binance Helium (HNT) 4.67 Coinbase Helium (HNT) 1.41 Kraken Helium (HNT) 1.41 Uphold Helium (HNT) 3.2 Azbit Helium (HNT) 1.41 Bake Helium (HNT) 1.4 2. Choose a Helium Wallet
Once you have HNT, you'll need to choose a Helium wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards Bitmart Helium (HNT) Up to 1% AER 3. Delegate Your HNT
We recommend using a staking pool when staking HNT. It's simpler and quicker to get started. A staking pool is a group of validators who combine their HNT, 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 Helium network. You will be rewarded with HNT 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
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, Bitmart offers avenues to do so securely and efficiently
- Market capitalisation
- US$1.01B
- 24-hour volume
- US$19.36M
- Circulating supply
- 176.23M HNT
