How to Stake Helium (HNT)

Introduction

Staking Helium can be an excellent choice for those looking to hold HNT 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 Helium (HNT) Tokens

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

   Platform	Mint	Cost
   Binance	Helium (HNT)	4,67
   Coinbase	Helium (HNT)	1,51
   Kraken	Helium (HNT)	1,51
   Uphold	Helium (HNT)	3,2
   Azbit	Helium (HNT)	1,51
   Bake	Helium (HNT)	1,51

   View all 36 prices

2. 2. Select a Helium Wallet

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

   Platform	Mint	Staking rewards in South Africa
   Bitmart	Helium (HNT)	Up to 1% APY

3. 3. Delegate Your HNT

   We recommend using a staking pool when staking HNT. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their HNT, 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 Helium network. You'll be rewarded with HNT 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.