Introduction
Staking Harmony is an excellent choice for those looking to hold ONE 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 Harmony (ONE) Tokens
To stake Harmony, you first need to acquire it. You can purchase Harmony from various popular exchanges.
View all 22 pricesPlatform Coin Cost Binance Harmony (ONE) 0 BTSE Harmony (ONE) 0 OKX Harmony (ONE) 0.01 Uphold Harmony (ONE) 0.01 Bitmart Harmony (ONE) 0.01 2. Select a Harmony Wallet
Once you have ONE, you'll need to select a Harmony wallet to keep your tokens safe. Here are some great options.
View all 6 staking rewardsPlatform Coin Staking benefits Binance Harmony (ONE) Earn up to 6% APY Bitpanda Harmony (ONE) Earn up to 7% APY Chainode Tech Harmony (ONE) Earn up to 11% APY 3. Delegate Your ONE
We suggest using a staking pool for staking ONE. It's easier and quicker to start. A staking pool consists of validators who pool their ONE, 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 Harmony network. You will be rewarded with ONE 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
- $293.46M
- 24-hour trading volume
- $20.85M
- 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.
- 12.31B ONE
