How to Stake Harmony (ONE)

Introduction

Staking Harmony can be an excellent choice for those looking to hold ONE while earning APY in a secure manner and supporting the network. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. 1. Acquire Harmony (ONE) Tokens

   To stake Harmony, you must first acquire it. To obtain Harmony, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Binance	Harmony (ONE)	0 APY
   BTSE	Harmony (ONE)	0 APY
   OKX	Harmony (ONE)	0,01 APY
   Uphold	Harmony (ONE)	0,01 APY
   Bitmart	Harmony (ONE)	0,01 APY

   Check out all 22 prices

2. 2. Select a Harmony Wallet

   Once you have ONE, you'll need to select a Harmony wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.

   Piattaforma	Criptovaluta	Staking rewards
   Binance	Harmony (ONE)	Up to 6% APY
   Bitpanda	Harmony (ONE)	Up to 7% APY
   Chainode Tech	Harmony (ONE)	Up to 11% APY

   Discover all 6 staking rewards available to you

3. 3. Delegate Your ONE

   We recommend using a staking pool when staking ONE. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their ONE, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin the Validation Process

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Harmony network. For these validations, you'll receive rewards in ONE.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.