How to Stake Helium (HNT): A Step-by-Step Guide

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. 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
Uphold Helium (HNT) 6.75
Kraken Helium (HNT) 6.76
Coinbase Helium (HNT) 6.74
Bitmart Helium (HNT) 6.77
MEXC Global Helium (HNT) 6.78
Bitget Helium (HNT) 6.76
See all 17 prices
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
MyCointainer Helium (HNT) Up to 4.9 APY
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. 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.

Platform	Coin	Price
Uphold	Helium (HNT)	6.75
Kraken	Helium (HNT)	6.76
Coinbase	Helium (HNT)	6.74
Bitmart	Helium (HNT)	6.77
MEXC Global	Helium (HNT)	6.78
Bitget	Helium (HNT)	6.76

Platform	Coin	Staking rewards
Bitmart	Helium (HNT)	Up to 1 APY
MyCointainer	Helium (HNT)	Up to 4.9 APY

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

Helium (HNT) is currently priced at $4.9 with a 24-hour trading volume of $24.08M. The market cap of Helium stands at $1.19B, with $175.43M HNT in circulation. For those looking to buy or trade Helium, Bitmart offers avenues to do so securely and efficiently}

Market cap: $1.19B
24h volume: $24.08M
Circulating supply: $175.43M

See latest information

Frequently Asked Questions About Staking Helium (HNT)

What are Helium (HNT) staking rewards?: Helium (HNT) staking rewards are incentives given to participants for helping secure the Helium network by staking their HNT tokens. The rewards can vary based on factors like network participation and staking duration. Stay informed about rewards via Bitcompare's real-time tools.
How can I see my Helium (HNT) rewards?: You can track your Helium (HNT) staking rewards through your wallet or staking platform. Bitcompare offers real-time updates and alerts, making it easier to stay informed about your rewards and market conditions.
How often are HNT rewards distributed?: HNT rewards are typically distributed periodically, depending on the staking platform and network protocols. Stay updated with Bitcompare for the latest distribution schedules and ensure you’re aware of any changes.
Are there requirements to earn staking rewards?: To earn Helium (HNT) staking rewards, you typically need to stake a certain amount of HNT and meet any specified network requirements. Check Bitcompare regularly for updates on staking requirements and conditions.
Can staking affect my HNT balance?: Yes, when you stake HNT, the tokens are locked for a period and may affect the liquidity of your balance. Use Bitcompare to stay informed about the implications and updates on staking protocols.
What factors influence HNT staking rewards?: Factors such as network participation, staking amounts, and duration can influence HNT staking rewards. Bitcompare’s sentiment analysis and news tools can help you understand these impacts better.
How do I choose a staking provider?: Selecting a staking provider involves evaluating security, fees, and reputation. Bitcompare offers comparisons of reputable providers, helping you make informed decisions by keeping track of rates and latest industry news.
Is staking HNT a safe option?: Staking, like any financial activity, carries risks. Assess risks and consult reliable sources. Bitcompare provides insights and alerts to keep you informed about any potential changes or concerns in the market.
Where can I find the latest Helium (HNT) news?: Bitcompare provides up-to-date news and events related to Helium (HNT). Access this information and bookmark the page to stay ahead with the latest developments and trends in the cryptocurrency market.
Why use Bitcompare for Helium (HNT) information?: Bitcompare offers a trusted platform with tools like real-time price comparisons, email alerts, sentiment analysis, and news updates. Regularly visit and bookmark the page to stay informed and make well-informed decisions in the crypto market.