Introduction
Staking Holo can be a great option for those who want to hold HOT but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step
1. Obtain Holo (HOT) tokens
In order to stake Holo, you need to have it. To obtain Holo, you'll need to purchase it. You can choose from these popular exchanges.
See all 8 pricesPlatform Coin Price Bitpanda Holo (HOT) $0.0015 Binance Holo (HOT) $0.0015 BingX Holo (HOT) $0.0015 Bitmart Holo (HOT) $0.0015 MEXC Global Holo (HOT) $0.0015 Bitget Holo (HOT) $0.0015 2. Choose a Holo wallet
Once you have HOT, you’ll need to choose a Holo wallet to store your tokens. Here are some good options.
3. Delegate your HOT
We recommend using a staking pool when staking HOT. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their HOT, which gives them a higher chance of validating transactions and earning rewards. You can do 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 Holo network. You’ll be rewarded with HOT for these validations.
What to be aware of
There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
Latest movements
Holo (HOT) is currently priced at $0.0015 with a 24-hour trading volume of $5.91M. In the last 24 hours, Holo has seen an increase of 1.94%. The market cap of Holo stands at 263.99M, with $177.62B HOT in circulation. For those looking to buy or trade Holo, reputable platforms like Bitpanda, Binance and BingX offer avenues to do so securely and efficiently.
- Market cap
- $263.99M
- 24h Volume
- $5.91M
- Circulating supply
- $177.62B