HBAR Staking Now Available on Ndax

Ndax is excited to announce that staking for Hedera’s HBAR token is now available on Ndax!

With this latest addition, Canadians have even more ways to participate in innovative blockchain networks and earn staking rewards through a simple, secure, and accessible platform built for Canada.

Hedera is a public distributed ledger network designed for enterprise use, offering high-throughput infrastructure, low transaction fees, and a consensus model based on hashgraph technology. Its native token, HBAR, plays a central role in helping secure the network, powering transaction fees, and supporting activity across the Hedera ecosystem.

At Ndax, we remain committed to expanding access to staking opportunities across a growing range of digital assets. Please review our disclaimer at the bottom of the page for important information regarding the risks associated with staking.

Let’s take a closer look at Hedera and what HBAR brings to the Ndax staking lineup.

Unlike traditional blockchains that group transactions into blocks, Hedera uses a hashgraph consensus mechanism. This allows the network to achieve fast finality, efficient transaction processing, and strong security while supporting a wide range of use cases, including payments, tokenization, decentralized applications, enterprise solutions, and Web3 infrastructure.

Hedera is also known for its focus on predictable network fees and real-world utility. Developers and organizations can build on Hedera using services such as smart contracts, token services, and consensus services, making it a flexible network for both crypto-native and enterprise-grade applications.

Hedera operates as a proof-of-stake public network, where HBAR contributes to network security and consensus weight. According to Hedera’s documentation, transactions are validated and placed into consensus after being processed by nodes representing more than two-thirds of the HBAR currently staked and dedicated to securing the network.  

The result is an ecosystem focused on performance, efficiency, and trusted network participation.

HBAR is the native token of the Hedera network and plays a key role across the ecosystem.

HBAR is used to support network security through staking, pay transaction fees, and power activity across Hedera’s services and applications. As the network continues to grow, HBAR remains central to Hedera’s economic model and broader ecosystem participation. Key functions of HBAR include:

• Staking: HBAR can be staked to help secure the Hedera network and support validator participation.
• Transaction Fees: HBAR is used to pay for transactions and network services across Hedera.
• Network Security: Staked HBAR contributes to a node’s consensus weight, helping support the security and stability of the network.  
• Ecosystem Utility: HBAR helps power activity across Hedera-based applications, services, and tokenized assets.

By staking HBAR on Ndax, users can participate in the network’s staking mechanism through Ndax’s custodial staking service. 

Staking HBAR allows users to participate in the Hedera network while earning crypto rewards.

By staking your HBAR, you help support the network’s proof-of-stake infrastructure and contribute to the overall security and stability of the Hedera ecosystem. In return, eligible users can earn staking rewards based on network conditions and validator performance.

Hedera’s staking program allows users to stake HBAR to a network node, helping secure the network by contributing to that node’s consensus weight. Consensus nodes run by the Hedera Council distribute rewards to accounts staked to them.  

On Ndax, staking is designed to be simple. There is no need to manage validators directly, interact with external wallets, or navigate complex on-chain steps. You can stake HBAR directly through your Ndax account and participate in the network through Ndax’s custodial staking service.

Earn crypto rewards of up to 1% APY by staking your HBAR on Ndax. 

1. Earn Rewards in Just a Few Clicks 
   Staking on Ndax offers a straightforward way to grow your crypto holdings. With just a few clicks, you can participate in supported networks and earn rewards, no complex setup required.
2. Support the Ecosystem 
   By staking your assets, you play a vital role in enhancing the security and stability of various blockchains.
3. Experience Seamless Security 
   Transparency is key on Ndax. With our robust security measures, your assets are always protected. 

Below is a quick summary of key staking details for HBAR on Ndax.

Bonding refers to the time required before staking rewards may begin. Unbonding refers to the waiting period before assets become withdrawable after unstaking. Reward rates are not guaranteed and may change.

With HBAR now supported for staking, Ndax continues to expand access to staking services across a growing range of blockchain networks.

Hedera represents one of crypto’s most established enterprise-grade public networks, focused on speed, scalability, low-cost transactions, and real-world utility. HBAR plays a central role in helping power, secure, and support the Hedera network. Through Ndax, Canadians can now participate in HBAR staking through a simple and secure platform built for their needs.

Log in to your Ndax account to explore HBAR staking!

Disclaimer: Staking cryptocurrencies involves risks, including price volatility, potential loss of principal, lock-up periods limiting access to funds, slashing due to validator penalties, and platform or smart contract vulnerabilities. Rewards are not guaranteed and may fluctuate. Only stake what you can afford to lose. Always do your own research.