Introduction
Staking Osmosis can be an excellent option for those who wish to hold OSMO 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 Osmosis (OSMO) Tokens
To stake Osmosis, you need to possess it. To obtain Osmosis, you'll need to purchase it. You can choose from these popular exchanges.
View all 38 pricesPlatform Coin Price Nexo Osmosis (OSMO) 0.17 Binance Osmosis (OSMO) 0.17 Coinbase Osmosis (OSMO) 0.17 Kraken Osmosis (OSMO) 0.17 Bake Osmosis (OSMO) 0.17 BingX Osmosis (OSMO) 0.17 2. Choose a Osmosis Wallet
Once you have OSMO, you'll need to choose a Osmosis wallet to store your tokens. Here are some suitable options.
View all 22 staking rewardsPlatform Coin Staking rewards Atomic Wallet Osmosis (OSMO) Up to 22% AER Binance Osmosis (OSMO) Up to 2.5% AER Bitget Osmosis (OSMO) Up to 8% AER 3. Delegate Your OSMO
We recommend using a staking pool when staking OSMO. It's simpler and quicker to get started. A staking pool is a group of validators who combine their OSMO, 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 Osmosis network. You will be rewarded with OSMO 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
Osmosis (OSMO) is currently priced at US$16.3 with a 24-hour trading volume of US$11.55M. The market cap of Osmosis stands at US$327.59M, with 704.19M OSMO in circulation. For those looking to purchase or trade Osmosis, Atomic Wallet offers avenues to do so securely and efficiently
- Market capitalisation
- US$327.59M
- 24-hour volume
- US$11.55M
- Circulating supply
- 704.19M OSMO