Where and How to Stake Helium (HNT)

Introduction

Staking Helium can be a great option for those who want to hold HNT 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 Guide

1. 1. Obtain Helium (HNT) Tokens

   In order to stake Helium, you need to have it. To obtain Helium, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitpanda	Helium (HNT)	6.23
   Uphold	Helium (HNT)	5.8
   Kraken	Helium (HNT)	6.29
   Binance	Helium (HNT)	0
   Coinbase	Helium (HNT)	6.27
   Bitmart	Helium (HNT)	5.6

   See all 16 prices

2. 2. Choose a Helium Wallet

   Once you have HNT, you’ll need to choose a Helium wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   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 faster to get up-and-running. A staking pool is a group of validators who combine their HNT, which gives them a higher chance of validating transactions and earning rewards. You can do 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 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.