Earn up to
7.5% APY
An in-depth guide on how to stake Osmosis allDOT (DOT)
We have a lot of data on staking Osmosis allDOT (DOT) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Osmosis allDOT (DOT) is currently priced at $7.5 with a 24-hour trading volume of $653.22. The market cap of Osmosis allDOT stands at $29,361, with 4,291.23 DOT in circulation. For those looking to buy or trade Osmosis allDOT, Kucoin offers avenues to do so securely and efficiently
Staking Osmosis allDOT can be a great option for those who want to hold DOT 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.
In order to stake Osmosis allDOT, you need to have it. To obtain Osmosis allDOT, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| Kraken | Osmosis allDOT (DOT) | 2.07 |
| Azbit | Osmosis allDOT (DOT) | 2.08 |
| Kucoin | Osmosis allDOT (DOT) | 2.08 |
Once you have DOT, you'll need to choose a Osmosis allDOT wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| Kucoin | Osmosis allDOT (DOT) | Up to 7.5% APY |
We recommend using a staking pool when staking DOT. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their DOT, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.
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 allDOT network. You'll be rewarded with DOT for these validations.
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.
