How to Stake Agoric (BLD) in India

Introduction

Staking Agoric can be an excellent choice for those looking to hold BLD while earning returns in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.

Step-by-Step Guide for Indian Investors

1. 1. Acquire Agoric (BLD) Tokens in India

   To stake Agoric, you first need to acquire it. To obtain Agoric, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.

   Platform	Coin	Cost
   Bitmart	Agoric (BLD)	0.01
   CoinEx	Agoric (BLD)	0.01
   CoinList	Agoric (BLD)	0.02
   Gate.io	Agoric (BLD)	0.01
   HTX	Agoric (BLD)	0.01

   See all 9 rates

2. 2. Choose a Agoric Wallet in India

   Once you have BLD, you'll need to choose a Agoric wallet to securely store your tokens. Here are some reliable options available in India.

   Platform	Coin	Staking rewards in India
   Chainode Tech	Agoric (BLD)	Up to 13% APY
   Stakely.io	Agoric (BLD)	Up to 10.23% APY
   Stakin	Agoric (BLD)	Up to 12.64% APY

   View all 6 staking rewards available in India

3. 3. Delegate Your BLD in India

   We recommend using a staking pool when staking BLD. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their BLD, increasing their chances of validating transactions and earning rewards. You can easily 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's confirmed, you will automatically validate transactions on the Agoric network. For these validations, you will be rewarded with BLD.

What to Keep in Mind

When engaging in staking, it's important to factor in transaction fees and staking pool charges. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.