How to Stake Helium (HNT) for optimal returns

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 overwhelming, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for South Korea's Financial Landscape 1

1. 1. Acquire Helium (HNT) Tokens

   To stake Helium, you first need to acquire it. To obtain Helium, you'll need to purchase it from a cryptocurrency exchange. You can choose from these popular platforms available in South Korea.

   플랫폼	코인	Price
   Binance	Helium (HNT)	4.67 APY
   Coinbase	Helium (HNT)	1.51 APY
   Kraken	Helium (HNT)	1.51 APY
   Uphold	Helium (HNT)	3.2 APY
   Azbit	Helium (HNT)	1.51 APY
   Bake	Helium (HNT)	1.51 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 recommended options that are popular among Korean users.

   플랫폼	코인	Staking 보상
   Bitmart	Helium (HNT)	Up to 1% APY

3. 3. Delegate Your HNT in South Korea

   We recommend using a staking pool when staking HNT. It’s more convenient and quicker to get started. A staking pool consists of a group of validators who combine their HNT, increasing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.

4. 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 Helium network. For these validations, you will be rewarded with HNT.

What to Keep in Mind

You should be aware of the transaction and staking pool fees that apply. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time in the process.