Introduction
Staking Celestia can be a great option for those who want to hold TIA while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.
Step-by-Step Guide
1. Obtain Celestia (TIA) Tokens
To stake Celestia, you need to own it. To obtain Celestia, you'll need to buy it. You can choose from these popular exchanges.
See all 47 pricesPlatform Coin Cost PrimeXBT Celestia (TIA) 0.55 Binance Celestia (TIA) 0.55 BTSE Celestia (TIA) 0.55 Coinbase Celestia (TIA) 0.55 OKX Celestia (TIA) 1.7 2. Choose a Celestia Wallet
Once you have TIA, you'll need to choose a Celestia wallet to store your tokens. Here are some great options.
View all 15 staking rewardsPlatform Coin Staking returns Bake Celestia (TIA) Up to 10% p.a. Binance Celestia (TIA) Up to 4.74% p.a. Bitget Celestia (TIA) Up to 11% p.a. 3. Delegate Your TIA
We recommend using a staking pool when staking TIA. It's simpler and quicker to get started. A staking pool is a group of validators who combine their TIA, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
4. Begin Validation
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 Celestia network. You'll be rewarded with TIA for these validations.
What to Be Aware Of
There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.
Latest Movements
Celestia (TIA) is currently priced at USD 11.73 with a 24-hour trading volume of USD 149.83M. The market cap of Celestia stands at USD 2.19B, with 484.11M TIA in circulation. For those looking to buy or trade Celestia, Bake offers avenues to do so securely and efficiently
- Market capitalisation
- USD 2.19B
- 24-hour volume
- USD 149.83M
- Circulating supply
- 484.11M TIA
