How to Stake Shentu (CTK) for better returns

Introduction

Staking Shentu can be an excellent choice for individuals looking to hold CTK while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That's why we have created this comprehensive guide to assist you.

Step-by-Step Guide

1. 1. Acquire Shentu (CTK) Tokens

   To stake Shentu, you first need to acquire it. To obtain Shentu, you can purchase it from these well-known exchanges.

   平台	Coin	Price
   Azbit	Shentu (CTK)	0.3 APY
   BingX	Shentu (CTK)	0.3 APY
   Bitmart	Shentu (CTK)	0.36 APY
   Bitpanda	Shentu (CTK)	0.89 APY
   Bybit	Shentu (CTK)	0.3 APY
   CoinEx	Shentu (CTK)	0.3 APY

   View all 11 prices

2. 2. Select a Shentu Wallet for Your Needs

   Once you have CTK, you'll need to select a Shentu wallet to securely store your tokens. Here are some excellent options to consider.

   平台	Coin	Staking returns
   Chainode Tech	Shentu (CTK)	Up to 24.8% APY
   MyCointainer	Shentu (CTK)	Up to 31.2% APY
   Stakely.io	Shentu (CTK)	Up to 32.91% APY
   Stakewolle	Shentu (CTK)	Up to 31.25% APY

   View all 9 staking rewards available

3. 3. Delegate Your CTK for Enhanced Returns

   We recommend utilizing a staking pool when staking CTK. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their CTK, enhancing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.

4. 4. Begin Verification

   You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the Shentu network. For these validations, you will be rewarded with CTK.

What to Consider in the Chinese Market

When engaging in transactions and participating in staking pools, it's important to factor in the associated fees. Additionally, there may be a waiting period before you begin to receive rewards. The staking pool must successfully generate blocks, which can require some time to accomplish.