How to Stake Cosmos Hub (ATOM) on MyNearWallet

MyNearWallet may not directly support ATOM staking, but you can still use MyNearWallet to buy ATOM and transfer it for staking.

Current APY

20.5%

Price

$1.82

Platform Fee

Platform Type

wallet

Start Staking ATOM on MyNearWallet

MyNearWallet gives you full control of your assets.

Stake ATOM on MyNearWallet →

Step-by-Step: Stake ATOM on MyNearWallet

Install MyNearWallet

Download and install MyNearWallet from its official site. Set up a new wallet or import an existing seed phrase, and back up your recovery phrase securely.

Fund the wallet with ATOM

Buy ATOM on an exchange (Coinbase, Kraken, Binance) and withdraw to your MyNearWallet address. Double-check the network before sending.

Open the staking section

In MyNearWallet, navigate to the staking or earn tab for Cosmos Hub. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.

Delegate and confirm

Enter the amount of ATOM to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.

MyNearWallet for ATOM Staking: Pros & Cons

Pros

+ Browser-based — no install required
+ Direct delegation to any NEAR validator
+ Compatible with Ledger hardware wallets
+ Open-source codebase

Cons

- NEAR-only; no multi-chain support
- Web wallets carry phishing risk — bookmark the real URL
- Original NEAR Wallet was deprecated in 2023; some legacy guides are outdated

Other Platforms for ATOM Staking

🏦Coinbase

Exchange · 25–35% commission on rewards

🐙Kraken

Exchange · 10–15% commission on rewards

🟡Binance Staking

Exchange · Fees built into displayed APY

⭕OKX

Exchange · 10–20% commission

🔵Bybit

Exchange · Built into rates

⚓Ankr

Liquid Staking · 2% of staking rewards

🏛️Figment

validator · Varies (institutional pricing)

🌲Everstake

validator · 5–10% commission

🎵Chorus One

validator · 5–10% commission

🔐Ledger

wallet · No platform fee — only network/validator commission

🌌Keplr Wallet

wallet · No platform fee — validator commission only (typically 5–10%)

🛡️Trust Wallet

wallet · No platform fee — validator commission only

🪂Leap Wallet

wallet · No platform fee — validator commission only

🌅Exodus

wallet · No platform fee — validator commission only (note: Exodus's swap feature charges spread)

FAQ: ATOM Staking on MyNearWallet

What APY can I earn staking ATOM on MyNearWallet?

The current estimated APY for ATOM staking is around 20.5%. Actual rates vary based on network conditions, validator performance, and MyNearWallet's fee structure (No platform fee — validator commission (typically 1–10%)).

Is staking ATOM on MyNearWallet safe?

MyNearWallet is a non-custodial protocol with a low risk profile for ATOM staking. As a non-custodial platform, you retain control of your private keys. Always assess your risk tolerance before staking.

How long does it take to unstake ATOM from MyNearWallet?

Unstaking times depend on the network: ~2–3 days unstaking (4 epochs). During the unstaking period, your ATOM won't earn rewards.

What fees does MyNearWallet charge for ATOM staking?

MyNearWallet charges No platform fee — validator commission (typically 1–10%). These fees are typically deducted from your staking rewards automatically.

Can I stake ATOM on other platforms?

Yes! You can compare all available platforms for ATOM staking on our How to Stake Cosmos Hub guide. Different platforms offer different APY rates, fees, and custody models.