How to Stake Ontology (ONT)

Introduction

Staking Ontology can be an excellent choice for those looking to hold ONT 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 Ontology (ONT) Tokens

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

   Piattaforma	Criptovaluta	Value
   Binance	Ontology (ONT)	0.14 APY
   OKX	Ontology (ONT)	0.15 APY
   Uphold	Ontology (ONT)	0.14 APY
   Azbit	Ontology (ONT)	0.14 APY
   BingX	Ontology (ONT)	0.14 APY
   Bitget	Ontology (ONT)	0.14 APY

   Check out all 30 prices

2. 2. Select a Ontology Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   Binance	Ontology (ONT)	Up to 13.5% APY
   CEX.io	Ontology (ONT)	Up to 10% APY
   Exodus	Ontology (ONT)	Up to 17.08% APY

   Discover all 10 staking rewards available to you

3. 3. Delegate Your ONT

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

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.