How to Stake MANTRA (OM): A Comprehensive Guide for the UK

Introduction

Staking MANTRA can be an excellent option for those who wish to hold OM 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 MANTRA (OM) Tokens
To stake MANTRA, you need to possess it. To obtain MANTRA, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
PrimeXBT MANTRA (OM) 0.08
YouHodler MANTRA (OM) 0.08
Binance MANTRA (OM) 0.08
BTSE MANTRA (OM) 0.16
Kraken MANTRA (OM) 0.08
OKX MANTRA (OM) 6.89
View all 44 prices
2. Choose a MANTRA Wallet
Once you have OM, you'll need to choose a MANTRA wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards
Binance MANTRA (OM) Up to 10% AER
View all 6 staking rewards
3. Delegate Your OM
We recommend using a staking pool when staking OM. It's simpler and quicker to get started. A staking pool is a group of validators who combine their OM, 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 MANTRA network. You will be rewarded with OM for these validations.

Platform	Coin	Price
PrimeXBT	MANTRA (OM)	0.08
YouHodler	MANTRA (OM)	0.08
Binance	MANTRA (OM)	0.08
BTSE	MANTRA (OM)	0.16
Kraken	MANTRA (OM)	0.08
OKX	MANTRA (OM)	6.89

Platform	Coin	Staking rewards
Binance	MANTRA (OM)	Up to 10% AER

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.