Introduction
Staking Celer Network can be a great option for those who want to hold CELR but earn yield in a safe way whilst contributing to the network. The steps can be a bit daunting, particularly the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Obtain Celer Network (CELR) Tokens
To stake Celer Network, you need to have it. To obtain Celer Network, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Celer Network Wallet
Once you have CELR, you’ll need to choose a Celer Network wallet to store your tokens. Here are some good options.
See all 10 staking rewardsPlatform Coin Staking rewards Binance Celer Network (CELR) Up to 3% AER Everstake Celer Network (CELR) Up to 5% AER BTSE Celer Network (CELR) Up to 2.07% AER 3. Delegate Your CELR
We recommend using a staking pool when staking CELR. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their CELR, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
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 Celer Network network. You'll be rewarded with CELR for these validations.
What to be Aware of
There are transaction and staking pool fees you need to consider. There may also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
Latest Movements
Celer Network (CELR) is currently priced at US$20 with a 24-hour trading volume of US$6.82M. The market cap of Celer Network stands at US$94.14M, with 5.65B CELR in circulation. For those looking to purchase or trade Celer Network, Binance offers avenues to do so securely and efficiently}
- Market capitalisation
- US$94.14M
- 24-hour volume
- US$6.82M
- Circulating supply
- 5.65B CELR