How to Stake Helium (HNT) in India

Introduction

Staking Helium can be an excellent choice for those looking to hold HNT while earning returns in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.

Step-by-Step Guide for Indian Investors

1. 1. Acquire Helium (HNT) Tokens in India

   To stake Helium, you first need to acquire it. To obtain Helium, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.

   Platform	Coin	Cost
   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

   See all 36 rates

2. 2. Choose a Helium Wallet in India

   Once you have HNT, you'll need to choose a Helium wallet to securely store your tokens. Here are some reliable options available in India.

   Platform	Coin	Staking rewards in India
   Bitmart	Helium (HNT)	Up to 1% APY

3. 3. Delegate Your HNT in India

   We recommend using a staking pool when staking HNT. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their HNT, increasing their chances of validating transactions and earning rewards. You can easily 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's confirmed, you will automatically validate transactions on the Helium network. For these validations, you will be rewarded with HNT.

What to Keep in Mind

When engaging in staking, it's important to factor in transaction fees and staking pool charges. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.