How to Stake Helium (HNT)

Introduction

Staking Helium can be an excellent choice for those looking to hold HNT 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 Helium (HNT) Tokens

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

   Piattaforma	Criptovaluta	Value
   Binance	Helium (HNT)	4,67 APY
   Coinbase	Helium (HNT)	1,5 APY
   Kraken	Helium (HNT)	1,5 APY
   Uphold	Helium (HNT)	3,2 APY
   Azbit	Helium (HNT)	1,5 APY
   Bake	Helium (HNT)	1,5 APY

   Check out all 36 prices

2. 2. Select a Helium Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Bitmart	Helium (HNT)	Up to 1% APY

3. 3. Delegate Your HNT

   We recommend using a staking pool when staking HNT. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their HNT, 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 Helium network. For these validations, you'll receive rewards in HNT.

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.