How to Stake Celer Network (CELR) in India

Introduction

Staking Celer Network can be an excellent choice for those looking to hold CELR 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 Celer Network (CELR) Tokens in India

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

   Platform	Coin	Cost
   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

   See all 39 rates

2. 2. Choose a Celer Network Wallet in India

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

   Platform	Coin	Staking rewards in India
   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

   View all 10 staking rewards available in India

3. 3. Delegate Your CELR in India

   We recommend using a staking pool when staking CELR. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their CELR, 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 Celer Network network. For these validations, you will be rewarded with CELR.

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.