Introduction
Staking Osmosis can be an excellent choice for those looking to hold OSMO 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. Acquire Osmosis (OSMO) Tokens
To stake Osmosis, you must first acquire it. To obtain Osmosis, you'll need to buy it. You can select from these well-known exchanges available in Italy.
Check out all 38 pricesPiattaforma Criptovaluta Value Nexo Osmosis (OSMO) 0,17 APY Kraken Osmosis (OSMO) 0,16 APY Binance Osmosis (OSMO) 0,16 APY Coinbase Osmosis (OSMO) 0,16 APY Bake Osmosis (OSMO) 0,16 APY BingX Osmosis (OSMO) 0,16 APY 2. Select a Osmosis Wallet
Once you have OSMO, you'll need to select a Osmosis wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.
Discover all 22 staking rewards available to youPiattaforma Criptovaluta Staking rewards Atomic Wallet Osmosis (OSMO) Up to 22% APY Binance Osmosis (OSMO) Up to 2,5% APY Bitget Osmosis (OSMO) Up to 8% APY 3. Delegate Your OSMO
We recommend using a staking pool when staking OSMO. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their OSMO, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
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 Osmosis network. For these validations, you'll receive rewards in OSMO.
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.
Recent Developments
Osmosis (OSMO) is currently priced at 0 with a 24-hour trading volume of US$11.55M. The market cap of Osmosis stands at US$327.59M, with 704,19M OSMO in circulation. For those looking to buy or trade Osmosis, Atomic Wallet offers avenues to do so securely and efficiently
- Market capitalization
- US$327.59M
- 24h volume in the Italian market
- US$11.55M
- Circulating supply
- 704,19M OSMO