Introduction
Staking Shentu can be an excellent choice for those looking to hold CTK 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. Acquire Shentu (CTK) Tokens in India
To stake Shentu, you first need to acquire it. To obtain Shentu, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.
See all 11 ratesPlatform Coin Cost Azbit Shentu (CTK) 0.35 BingX Shentu (CTK) 0.35 Bitmart Shentu (CTK) 0.35 Bitpanda Shentu (CTK) 0.89 Bybit Shentu (CTK) 0.35 CoinEx Shentu (CTK) 0.35 2. Choose a Shentu Wallet in India
Once you have CTK, you'll need to choose a Shentu wallet to securely store your tokens. Here are some reliable options available in India.
View all 9 staking rewards available in IndiaPlatform Coin Staking rewards in India Chainode Tech Shentu (CTK) Up to 24.8% APY MyCointainer Shentu (CTK) Up to 31.2% APY Stakely.io Shentu (CTK) Up to 32.91% APY Stakewolle Shentu (CTK) Up to 31.25% APY 3. Delegate Your CTK in India
We recommend using a staking pool when staking CTK. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their CTK, increasing their chances of validating transactions and earning rewards. You can easily do this through your wallet's interface.
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 Shentu network. For these validations, you will be rewarded with CTK.
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.
Latest Trends in India
Shentu (CTK) is currently priced at $31.2 with a 24-hour trading volume of $50.21L. The market cap of Shentu stands at $10.58Cr, with 14.05Cr CTK in circulation. For those looking to buy or trade Shentu, Chainode Tech offers avenues to do so securely and efficiently
- Market capitalization
- $10.58Cr
- 24-hour trading volume
- $50.21L
- Circulating supply in the market
- 14.05Cr CTK