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An in-depth guide on the best way to stake CELR.
We have a lot of data on staking Celer Network and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Celer Network (CELR) is currently priced at $0.0262, with a 24-hour trading volume of $10.11M. In the last 24 hours, Celer Network has seen an increase to 2.46. The market cap of Celer Network stands at $144.63M, with 5.65B in circulation. For those looking to buy or trade Celer Network, reputable platforms like OKX, Binance, BTSE, Kraken, Coinbase and Crypto.com offer avenues to do so securely and efficiently.
Staking Celer Network can be a great option for those who want to hold CELR 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 Celer Network, you need to have it. To obtain Celer Network, you'll need to purchase it. You can choose from these popular exchanges.
Once you have CELR, you’ll need to choose a Celer Network wallet to store your tokens. Here are some good options.
We recommend using a staking pool when staking CELR. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their CELR, 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 Celer Network network. You’ll be rewarded with CELR 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.
