How to Stake Harmony (ONE) in India

Introduction

Staking Harmony can be an excellent choice for those looking to hold ONE while earning returns in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.

Step-by-Step Guide for Indian Investors

1. 1. Acquire Harmony (ONE) Tokens in India

   To stake Harmony, you first need to acquire it. To obtain Harmony, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.

   Platform	Coin	Cost
   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 rates

2. 2. Choose a Harmony Wallet in India

   Once you have ONE, you'll need to choose a Harmony wallet to securely store your tokens. Here are some reliable options available in India.

   Platform	Coin	Staking rewards in India
   Binance	Harmony (ONE)	Up to 6% APY
   Bitpanda	Harmony (ONE)	Up to 7% APY
   Chainode Tech	Harmony (ONE)	Up to 11% APY

   View all 6 staking rewards available in India

3. 3. Delegate Your ONE in India

   We recommend using a staking pool when staking ONE. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their ONE, increasing their chances of validating transactions and earning rewards. You can easily do this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Harmony network. For these validations, you will be rewarded with ONE.

What to Keep in Mind

When engaging in staking, it's important to factor in transaction fees and staking pool charges. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.