How to Stake Cosmos Hub (ATOM)

Introduction

Staking Cosmos Hub can be an excellent choice for those looking to hold ATOM while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. 1. Acquire Cosmos Hub (ATOM) Tokens

   To stake Cosmos Hub, you first need to acquire it. To obtain Cosmos Hub, you'll need to buy it. You can select from these popular exchanges available in South Africa.

   Platform	Mint	Cost
   Nexo	Cosmos Hub (ATOM)	2,06
   PrimeXBT	Cosmos Hub (ATOM)	2,05
   YouHodler	Cosmos Hub (ATOM)	2,05
   Binance	Cosmos Hub (ATOM)	2,05
   BTSE	Cosmos Hub (ATOM)	2,05
   Coinbase	Cosmos Hub (ATOM)	2,05

   View all 69 prices

2. 2. Select a Cosmos Hub Wallet

   Once you have ATOM, you'll need to choose a Cosmos Hub wallet to store your tokens securely. Here are some solid options to consider.

   Platform	Mint	Staking rewards in South Africa
   YouHodler	Cosmos Hub (ATOM)	Up to 12% APY
   Uphold	Cosmos Hub (ATOM)	Up to 15% APY
   Bake	Cosmos Hub (ATOM)	Up to 12% APY
   Binance	Cosmos Hub (ATOM)	Up to 10,5% APY
   Bitget	Cosmos Hub (ATOM)	Up to 17% APY

   View all 33 staking rewards available

3. 3. Delegate Your ATOM

   We recommend using a staking pool when staking ATOM. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their ATOM, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

   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 Cosmos Hub network. You'll be rewarded with ATOM for these validations.

What to Keep in Mind

There are transaction and staking pool fees you need to take into account. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this process can take some time.