Where and How to Stake Harmony (ONE)

Introduction

Staking Harmony can be a great option for those who want to hold ONE but earn yield in a secure way while contributing to the network. The steps can be a bit overwhelming, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-step guide

1. 1. Obtain Harmony (ONE) Tokens

   To stake Harmony, you need to have it. To get Harmony, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Binance	Harmony (ONE)	0,01
   BTSE	Harmony (ONE)	0,01
   OKX	Harmony (ONE)	0,01
   Uphold	Harmony (ONE)	0,01
   Bitmart	Harmony (ONE)	0,01

   See all 22 prices

2. 2. Choose a Harmony Wallet

   Once you have ONE, you’ll need to choose a Harmony wallet to store your tokens. Here are some lekker options.

   Platform	Coin	Staking rewards
   Binance	Harmony (ONE)	Up to 6% APY
   Bitpanda	Harmony (ONE)	Up to 7% APY
   Chainode Tech	Harmony (ONE)	Up to 10% APY

   See all 6 staking rewards

3. 3. Delegate Your ONE

   We recommend using a staking pool when staking ONE. It’s simpler and quicker to get going. A staking pool is a group of validators who combine their ONE, which gives them a better chance of validating transactions and earning rewards. You can do 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 Harmony network. You'll be rewarded with ONE for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There might also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this might take some time.