How to Stake Osmosis (OSMO): A Step-by-Step Guide for South Africans

Introduction

Staking Osmosis can be an excellent choice for those looking to hold OSMO 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 Osmosis (OSMO) Tokens
To stake Osmosis, you first need to acquire it. To obtain Osmosis, you'll need to buy it. You can select from these popular exchanges available in South Africa.
Platform Mint Cost
Nexo Osmosis (OSMO) 0,05
Binance Osmosis (OSMO) 0,05
Coinbase Osmosis (OSMO) 0,05
Kraken Osmosis (OSMO) 0,05
Bake Osmosis (OSMO) 0,05
BingX Osmosis (OSMO) 0,05
View all 39 prices
2. Select a Osmosis Wallet
Once you have OSMO, you'll need to choose a Osmosis wallet to store your tokens securely. Here are some solid options to consider.
Platform Mint Staking rewards in South Africa
Atomic Wallet Osmosis (OSMO) Up to 22% APY
Binance Osmosis (OSMO) Up to 2,5% APY
Bitget Osmosis (OSMO) Up to 8% APY
View all 22 staking rewards available
3. Delegate Your OSMO
We recommend using a staking pool when staking OSMO. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their OSMO, 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 Osmosis network. You'll be rewarded with OSMO for these validations.

Platform	Mint	Cost
Nexo	Osmosis (OSMO)	0,05
Binance	Osmosis (OSMO)	0,05
Coinbase	Osmosis (OSMO)	0,05
Kraken	Osmosis (OSMO)	0,05
Bake	Osmosis (OSMO)	0,05
BingX	Osmosis (OSMO)	0,05

Platform	Mint	Staking rewards in South Africa
Atomic Wallet	Osmosis (OSMO)	Up to 22% APY
Binance	Osmosis (OSMO)	Up to 2,5% APY
Bitget	Osmosis (OSMO)	Up to 8% APY

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.