A Brief Guide On How to Stake COSMOS (ATOM)

SmartNodes Validator ⚛
Coinmonks

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COSMOS

Cosmos is a fast-growing ecosystem of interconnected blockchains created with developer-friendly application components and linked by the groundbreaking IBC (Inter-Blockchain Communication) protocol.

Binance Chain, Terra, Crypto.org, and Cosmos Hub are among the more than 265 apps and services in the Cosmos network, which manages over $140 billion in digital assets.

ATOM

The ATOM token is the Cosmos Hub’s native token. The Cosmos Hub receives transaction fees and Proof of Stake rewards in exchange for securing the Hub’s services by staking ATOM.

With the addition of new services like the interchain decentralized exchange (Gravity DEX) and Interchain Staking, which will allow staked ATOM to secure other blockchains in the ecosystem, these incentives are expected to skyrocket.

Cosmos https://cosmos.network/ecosystem/apps

Where can we buy the ATOM token?

  1. Binance (CEX)
  2. Coinbase(CEX)
  3. Junoswap (DEX)
  4. Kucoin (CEX)
  5. Osmosis DEX
  6. Kraken (CEX)
  7. Wazirx (CEX)
  8. FTX (CEX)
  9. Liquid (CEX)
  10. Crypto.com (CEX)

How to Stake ATOM Token?

After buying on the exchange you need to transfer those ATOM Tokens to a self-custodial wallet to stake.

  • Self custodial wallets (most popular One’s)
  1. Keplr
  2. Cosmostation

After you transfer your assets to your new wallet, open smartnodes.one to stake your ATOM Tokens.

Step 1 — Go to the delegate section and find the COSMOS HUB (ATOM), Click on the delegate.

Staking is the process of locking up a digital asset (ATOM in the case of the Cosmos Hub) to provide economic security for a public blockchain.
https://smartnodes.one/#delegate

Step 2- Click on Delegate again.

https://smartnodes.one/dashboard/cosmos

Step 3 -Connect your Keplr wallet.

Download Keplr Chrome Extension https://chrome.google.com/webstore/detail/keplr/dmkamcknogkgcdfhhbddcghachkejeap?hl=en
https://www.keplr.app/#starters

Step 4- Select Keplr-Click Next- Click Approve.

You're almost done! SmartNodes is highly rooted in the cosmos community. We are active across all our supported networks and strive to be a positive force within each ecosystem. We are highly available throughout our platform as well as our partners platforms and social media. We are committed to contribute and give back to the ecosystem systems and the communities we adhere to.

Step 5- Input account name, make sure COSMOS is selected in Import addresses for the chain. Click Next.

https://smartnodes.one/dashboard/wallet/accounts

Step 6- Confirm, check your address is correctly added, and click on save.

https://smartnodes.one/dashboard/cosmos

Step 7-You have successfully imported your ATOM tokens into Smartnodes.one

Next, click Delegate to proceed into the staking.

Step 8- Now select validator, input the amount you want to stake, Fill the gas fee as 800, select Keplr wallet, and click on Send.

Step 9- Approve the transaction in Keplr pop-up window.

https://www.keplr.app/#starters

Step 10- Congratulations, You have successfully staked your ATOM tokens with Smartnodes ( You can also see your asset allocation, rewards, and balance).

About Smartnodes

  1. Smartnodes Validator is a Proof of Stake service which offers 100% Slash and Double Sign Refund Protection.
  2. We are highly active in the cosmos and lend support where we can. We are community-driven. Smartnodes validator actively Votes on proposals to help ensure proper governance.
  3. The Infrastructure used by Smartnodes is only the Best of the Best with 10 Layers of security in place to protect your assets.
  4. We are currently offering Proof of Stake services ( POS ) on 33 cryptocurrency chains and growing, check out our website for our Validator nodes. Smartnodes.one
SmartNodes is an infrastructure provider for Proof-Of-Stake blockchains and decentralized projects.

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SmartNodes Validator ⚛
Coinmonks

SmartNodes is a Proof-of-Stake infrastructure for blockchains. Get Rewarded by Staking your Crypto Assets. Fast, Easy & Secure https://smartnodes.family