Introduction
Staking Celestia can be an excellent choice for individuals in the UAE looking to hold TIA 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’ve created this guide to assist you.
Step-by-Step Guide for UAE Residents
1. Acquire Celestia (TIA) Tokens
To stake Celestia, you first need to acquire it. To obtain Celestia, you will need to purchase it from one of the popular exchanges available in the UAE.
View all 47 pricesPlatform Cryptocurrency Price PrimeXBT Celestia (TIA) 0.46 Binance Celestia (TIA) 0.46 BTSE Celestia (TIA) 0.46 Coinbase Celestia (TIA) 0.46 OKX Celestia (TIA) 1.7 2. Select a Celestia Wallet
Once you have TIA, you'll need to select a Celestia wallet to securely store your tokens. Here are some excellent options available in the UAE market.
Explore all 15 staking rewards available in the UAE market.Platform Cryptocurrency Staking rewards in the UAE Bake Celestia (TIA) Up to 10% APY Binance Celestia (TIA) Up to 4.74% APY Bitget Celestia (TIA) Up to 11% APY 3. Delegate Your TIA in the UAE
We recommend utilizing a staking pool when staking TIA. It’s more straightforward and quicker to get started. A staking pool consists of a group of validators who pool their TIA, increasing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
4. Begin Verification
You will need to wait for your deposit to be confirmed by your digital wallet. Once it's confirmed, you will automatically validate transactions on the Celestia network. For these validations, you will be rewarded with TIA.
What to Consider in the UAE Market
In the UAE, it's important to factor in transaction and staking pool fees when engaging in cryptocurrency activities. Additionally, you may experience a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.
Recent Developments
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- Market capitalization
- $2.19B
- 24-hour trading volume
- $149.83M
- Circulating supply
- 484.11M TIA
