Introduction
Staking Ontology is an excellent choice for those looking to hold ONT 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 Ontology (ONT) Tokens
To stake Ontology, you first need to acquire it. You can purchase Ontology from various popular exchanges.
View all 30 pricesPlatform Coin Cost Binance Ontology (ONT) 0.13 OKX Ontology (ONT) 0.15 Uphold Ontology (ONT) 0.14 Azbit Ontology (ONT) 0.13 BingX Ontology (ONT) 0.13 Bitget Ontology (ONT) 0.13 2. Select a Ontology Wallet
Once you have ONT, you'll need to select a Ontology wallet to keep your tokens safe. Here are some great options.
View all 10 staking rewardsPlatform Coin Staking benefits Binance Ontology (ONT) Earn up to 13.5% APY CEX.io Ontology (ONT) Earn up to 10% APY Exodus Ontology (ONT) Earn up to 17.08% APY 3. Delegate Your ONT
We suggest using a staking pool for staking ONT. It's easier and quicker to start. A staking pool consists of validators who pool their ONT, 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 Ontology network. You will be rewarded with ONT 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
Ontology (ONT) is currently priced at $10 with a 24-hour trading volume of $19.73M. The market cap of Ontology stands at $221.86M, with 912.7M ONT in circulation. For those looking to buy or trade Ontology, Binance offers avenues to do so securely and efficiently
- Market capitalization
- $221.86M
- 24-hour trading volume
- $19.73M
- 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.
- 912.7M ONT