How to Stake Celer Network (CELR) in the UK

Introduction

Staking Celer Network can be an excellent option for those who wish to hold CELR while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain Celer Network (CELR) Tokens

   To stake Celer Network, you need to possess it. To obtain Celer Network, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Binance	Celer Network (CELR)	0
   BTSE	Celer Network (CELR)	0
   Coinbase	Celer Network (CELR)	0
   Kraken	Celer Network (CELR)	0
   OKX	Celer Network (CELR)	0.01
   Uphold	Celer Network (CELR)	0.01

   View all 39 prices

2. 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 suitable options.

   Platform	Coin	Staking rewards
   Binance	Celer Network (CELR)	Up to 4.01% AER
   Bitpanda	Celer Network (CELR)	Up to 4% AER
   BTSE	Celer Network (CELR)	Up to 4.41% AER

   View all 10 staking rewards

3. 3. Delegate Your CELR

   We recommend using a staking pool when staking CELR. It's simpler and quicker to get started. A staking pool is a group of validators who combine their CELR, which increases their chances of validating transactions and earning rewards. You can do 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 is confirmed, you will automatically validate transactions on the Celer Network network. You will 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.