How to Stake Core (CORE) in the UAE

Introduction

Staking Core can be an excellent choice for individuals in the UAE looking to hold CORE 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. 1. Acquire Core (CORE) Tokens

   To stake Core, you first need to acquire it. To obtain Core, you will need to purchase it from one of the popular exchanges available in the UAE.

   Platform	Cryptocurrency	Price
   OKX	Core (CORE)	0.43
   Bake	Core (CORE)	0.12
   Bitget	Core (CORE)	0.12
   Bitmart	Core (CORE)	0.12
   Bitpanda	Core (CORE)	1.1
   Bybit	Core (CORE)	0.12

   View all 20 prices

2. 2. Select a Core Wallet

   Once you have CORE, you'll need to select a Core wallet to securely store your tokens. Here are some excellent options available in the UAE market.

   Platform	Cryptocurrency	Staking rewards in the UAE
   Bitget	Core (CORE)	Up to 16.8% APY
   Bitmart	Core (CORE)	Up to 1% APY
   Everstake	Core (CORE)	Up to 5.34% APY

   Explore all 7 staking rewards available in the UAE market.

3. 3. Delegate Your CORE in the UAE

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

4. 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 Core network. For these validations, you will be rewarded with CORE.

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.