How to Stake OneFinity (ONE) in the UK

Introduction

Staking OneFinity 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 OneFinity (ONE) Tokens

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

   Platform	Coin	Price
   BingX	OneFinity (ONE)	0
   Bitget	OneFinity (ONE)	0
   Bitpanda	OneFinity (ONE)	0.02
   Kucoin	OneFinity (ONE)	0
   MEXC Global	OneFinity (ONE)	0.04

   View all 9 prices

2. 2. Choose a OneFinity Wallet

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

   Platform	Coin	Staking rewards
   Kucoin	OneFinity (ONE)	Up to 5.5% AER
   Moonstake	OneFinity (ONE)	Up to 7.47% AER

   View all 4 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 OneFinity 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.