Where and how to stake Celer Network (CELR)

Introduction

Staking Celer Network can be a great option for those who wish to hold CELR while earning yield in a safe manner and contributing to the network. The steps can be somewhat daunting, especially the first time you do them. That’s why we have put together this guide for you.

Step-by-Step Guide

1. 1. Acquire Celer Network (CELR) Tokens

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

   Platform	Coin	Price
   Bitpanda	Celer Network (CELR)	0.02
   Uphold	Celer Network (CELR)	0.02
   Kraken	Celer Network (CELR)	0.02
   OKX	Celer Network (CELR)	0.02
   Binance	Celer Network (CELR)	0.02
   Coinbase	Celer Network (CELR)	0.02

   See all 17 prices

2. 2. Select 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.

   Platform	Coin	Staking rewards
   Bitpanda	Celer Network (CELR)	Up to 4.00 APY
   Bitmart	Celer Network (CELR)	Up to 0.50 APY
   Binance	Celer Network (CELR)	Up to 3.00 APY

   See all 6 staking rewards

3. 3. Delegate Your CELR

   We suggest using a staking pool for staking CELR. It's easier and quicker to get started. A staking pool is a collection of validators who combine their CELR, which increases their odds of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You'll have 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 Keep in Mind

You need to keep in mind the transaction and staking pool fees. Additionally, there might be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this can take a while.