Introduction
Staking Ontology can be an excellent choice for those looking to hold ONT 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. Acquire Ontology (ONT) Tokens in India
To stake Ontology, you first need to acquire it. To obtain Ontology, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
See all 30 ratesPlatform Coin Cost Binance Ontology (ONT) 0.16 OKX Ontology (ONT) 0.15 Uphold Ontology (ONT) 0.14 Azbit Ontology (ONT) 0.16 BingX Ontology (ONT) 0.16 Bitget Ontology (ONT) 0.16 2. Choose a Ontology Wallet in India
Once you have ONT, you'll need to choose a Ontology wallet to securely store your tokens. Here are some reliable options available in India.
View all 10 staking rewards available in IndiaPlatform Coin Staking rewards in India Binance Ontology (ONT) Up to 13.5% APY CEX.io Ontology (ONT) Up to 10% APY Exodus Ontology (ONT) Up to 17.08% APY 3. Delegate Your ONT in India
We recommend using a staking pool when staking ONT. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their ONT, increasing their chances of validating transactions and earning rewards. You can easily 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's confirmed, you will automatically validate transactions on the Ontology network. For these validations, you will be rewarded with ONT.
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.
Latest Trends in India
Ontology (ONT) is currently priced at $10 with a 24-hour trading volume of $1.97Cr. The market cap of Ontology stands at $22.19Cr, with 91.27Cr ONT in circulation. For those looking to buy or trade Ontology, Binance offers avenues to do so securely and efficiently
- Market capitalization
- $22.19Cr
- 24-hour trading volume
- $1.97Cr
- Circulating supply in the market
- 91.27Cr ONT