Introduction

Staking HIVE can be an excellent choice for those looking to hold hive 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 HIVE (hive) Tokens in India

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

   Platform	Coin	Cost
   Binance	HIVE (hive)	0.1
   Bitget	HIVE (hive)	0.1
   Bitmart	HIVE (hive)	0.1
   Bybit	HIVE (hive)	0.1
   CoinEx	HIVE (hive)	0.1
   Gate.io	HIVE (hive)	0.1

   See all 18 rates

2. 2. Choose a HIVE Wallet in India

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

3. 3. Delegate Your hive in India

   We recommend using a staking pool when staking hive. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their hive, 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 HIVE network. For these validations, you will be rewarded with hive.

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.