How to Stake Terra (LUNA) in India

Introduction

Staking Terra can be an excellent choice for those looking to hold LUNA 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 Terra (LUNA) Tokens in India

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

   Platform	Coin	Cost
   YouHodler	Terra (LUNA)	0.1
   Binance	Terra (LUNA)	0.1
   BTSE	Terra (LUNA)	0.1
   Kraken	Terra (LUNA)	0.1
   OKX	Terra (LUNA)	0.15
   BingX	Terra (LUNA)	0.1

   See all 39 rates

2. 2. Choose a Terra Wallet in India

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

3. 3. Delegate Your LUNA in India

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

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.