How to Stake Celer Network (CELR)

Introduction

Staking Celer Network can be an excellent choice for those looking to hold CELR 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 Anleitung

1. 1. Acquire Celer Network (CELR) Tokens

   To stake Celer Network, you first need to acquire it. To obtain Celer Network, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

   Plattform	Kryptowährung	Price
   Binance	Celer Network (CELR)	0 APY
   BTSE	Celer Network (CELR)	0 APY
   Coinbase	Celer Network (CELR)	0 APY
   Kraken	Celer Network (CELR)	0 APY
   OKX	Celer Network (CELR)	0,01 APY
   Uphold	Celer Network (CELR)	0,01 APY

   View all 39 prices

2. 2. Select a Celer Network Wallet

   Once you have CELR, you'll need to select a Celer Network wallet to securely store your tokens. Here are some solid options to consider.

   Plattform	Kryptowährung	Staking rewards
   Binance	Celer Network (CELR)	Up to 4,01 % APY
   Bitpanda	Celer Network (CELR)	Up to 4 % APY
   BTSE	Celer Network (CELR)	Up to 4,41 % APY

   Discover all 10 staking rewards available

3. 3. Delegate Your CELR

   We recommend using a staking pool when staking CELR. It's simpler and faster to get started. A staking pool is a collective of validators who pool their CELR, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Celer Network network. For these validations, you will be rewarded with CELR.

What to Consider

There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.