Introduction
Staking Helium Mobile can be an excellent choice for those looking to hold MOBILE 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. Acquire Helium Mobile (MOBILE) Tokens
To stake Helium Mobile, you first need to acquire it. To obtain Helium Mobile, you'll need to buy it. You can select from these popular exchanges available in South Africa.
View all 20 pricesPlatform Mint Cost Coinbase Helium Mobile (MOBILE) 0,000265 BingX Helium Mobile (MOBILE) 0,000309 Bitget Helium Mobile (MOBILE) 0,000346 Bitmart Helium Mobile (MOBILE) 0,000298 Bybit Helium Mobile (MOBILE) 0,0003932 CoinEx Helium Mobile (MOBILE) 0,000216 2. Select a Helium Mobile Wallet
Once you have MOBILE, you'll need to choose a Helium Mobile wallet to store your tokens securely. Here are some solid options to consider.
3. Delegate Your MOBILE
We recommend using a staking pool when staking MOBILE. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their MOBILE, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
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 Mobile network. You'll be rewarded with MOBILE 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.
Latest Movements in the Market
- Market capitalisation
- US$80,82M
- 24-hour trading volume
- US$3,03M
- Circulating supply
- 88,81B MOBILE
