How to Stake Terra Luna Classic (LUNC) in India

Introduction

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

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

   Platform	Coin	Cost
   Binance	Terra Luna Classic (LUNC)	0.00004045
   BTSE	Terra Luna Classic (LUNC)	0.00004043
   OKX	Terra Luna Classic (LUNC)	0.0000599
   Uphold	Terra Luna Classic (LUNC)	0.00006084
   BingX	Terra Luna Classic (LUNC)	0.00004052
   Bitget	Terra Luna Classic (LUNC)	0.00004058

   See all 27 rates

2. 2. Choose a Terra Luna Classic Wallet in India

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

   Platform	Coin	Staking rewards in India
   Bitget	Terra Luna Classic (LUNC)	Up to 8% APY
   Bitmart	Terra Luna Classic (LUNC)	Up to 0.3% APY

   View all 5 staking rewards available in India

3. 3. Delegate Your LUNC in India

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

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.