Introduction
Staking Cosmos Hub is an excellent choice for those looking to hold ATOM while earning yield securely and supporting the network. The process may seem overwhelming, especially for first-timers. That's why we've created this guide to help you through it.
Comprehensive Guide
1. Acquire Cosmos Hub (ATOM) Tokens
To stake Cosmos Hub, you first need to acquire it. You can purchase Cosmos Hub from various popular exchanges.
View all 69 pricesPlatform Coin Cost Nexo Cosmos Hub (ATOM) 1.99 PrimeXBT Cosmos Hub (ATOM) 1.99 YouHodler Cosmos Hub (ATOM) 1.99 Binance Cosmos Hub (ATOM) 1.99 BTSE Cosmos Hub (ATOM) 1.99 Coinbase Cosmos Hub (ATOM) 1.99 2. Select a Cosmos Hub Wallet
Once you have ATOM, you'll need to select a Cosmos Hub wallet to keep your tokens safe. Here are some great options.
View all 33 staking rewardsPlatform Coin Staking benefits YouHodler Cosmos Hub (ATOM) Earn up to 12% APY Uphold Cosmos Hub (ATOM) Earn up to 15% APY Bake Cosmos Hub (ATOM) Earn up to 12% APY Binance Cosmos Hub (ATOM) Earn up to 10.5% APY Bitget Cosmos Hub (ATOM) Earn up to 17% APY 3. Delegate Your ATOM
We suggest using a staking pool for staking ATOM. It's easier and quicker to start. A staking pool consists of validators who pool their ATOM, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.
4. Begin Validation
You will need to wait for your deposit to be confirmed by your wallet. Once confirmed, you will automatically validate transactions on the Cosmos Hub network. You will be rewarded with ATOM for these validations.
Key Considerations
Consider the transaction and staking pool fees. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, which can take some time.
Recent Developments
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- Market capitalization
- $2.52B
- 24-hour trading volume
- $184.61M
- Circulating supply refers to the total amount of a cryptocurrency or token that is currently available for trading in the market. It excludes tokens that are locked, reserved, or not yet released.
- 390.69M ATOM
