Introduction
Staking Ontology can be an excellent option for those who wish to hold ONT 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 Ontology (ONT) Tokens
To stake Ontology, you need to possess it. To obtain Ontology, you'll need to purchase it. You can choose from these popular exchanges.
View all 30 pricesPlatform Coin Price Binance Ontology (ONT) 0.14 OKX Ontology (ONT) 0.14 Uphold Ontology (ONT) 0.14 Azbit Ontology (ONT) 0.14 BingX Ontology (ONT) 0.14 Bitget Ontology (ONT) 0.14 2. Choose a Ontology Wallet
Once you have ONT, you'll need to choose a Ontology wallet to store your tokens. Here are some suitable options.
View all 10 staking rewardsPlatform Coin Staking rewards Binance Ontology (ONT) Up to 13.5% AER CEX.io Ontology (ONT) Up to 10% AER Exodus Ontology (ONT) Up to 17.08% AER 3. Delegate Your ONT
We recommend using a staking pool when staking ONT. It's simpler and quicker to get started. A staking pool is a group of validators who combine their ONT, 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 Ontology network. You will be rewarded with ONT 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
Ontology (ONT) is currently priced at US$20.22 with a 24-hour trading volume of US$19.73M. The market cap of Ontology stands at US$221.86M, with 912.7M ONT in circulation. For those looking to purchase or trade Ontology, Binance offers avenues to do so securely and efficiently
- Market capitalisation
- US$221.86M
- 24-hour volume
- US$19.73M
- Circulating supply
- 912.7M ONT