How to Stake Celestia (TIA) for optimal returns

Introduction

Staking Celestia can be an excellent choice for those looking to hold TIA while earning APY 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 to assist you.

Step-by-Step Guide for South Korea's Financial Landscape 1

1. 1. Acquire Celestia (TIA) Tokens

   To stake Celestia, you first need to acquire it. To obtain Celestia, you'll need to purchase it from a cryptocurrency exchange. You can choose from these popular platforms available in South Korea.

   플랫폼	코인	Price
   PrimeXBT	Celestia (TIA)	0.55 APY
   Binance	Celestia (TIA)	0.55 APY
   BTSE	Celestia (TIA)	0.55 APY
   Coinbase	Celestia (TIA)	0.55 APY
   OKX	Celestia (TIA)	1.7 APY

   Check out all 47 prices

2. 2. Select a Celestia Wallet

   Once you have TIA, you'll need to select a Celestia wallet to securely store your tokens. Here are some recommended options that are popular among Korean users.

   플랫폼	코인	Staking 보상
   Bake	Celestia (TIA)	Up to 10% APY
   Binance	Celestia (TIA)	Up to 4.74% APY
   Bitget	Celestia (TIA)	Up to 11% APY

   Check out all 15 staking rewards available.

3. 3. Delegate Your TIA in South Korea

   We recommend using a staking pool when staking TIA. It’s more convenient and quicker to get started. A staking pool consists of a group of validators who combine their TIA, increasing their chances of validating transactions and earning rewards. You can easily manage 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 Celestia network. For these validations, you will be rewarded with TIA.

What to Keep in Mind

You should be aware of the transaction and staking pool fees that apply. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time in the process.