How to Stake Shentu (CTK) for optimal returns

Introduction

Staking Shentu can be an excellent choice for those looking to hold CTK 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 Shentu (CTK) Tokens

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

   플랫폼	코인	Price
   Azbit	Shentu (CTK)	0.27 APY
   BingX	Shentu (CTK)	0.27 APY
   Bitmart	Shentu (CTK)	0.36 APY
   Bitpanda	Shentu (CTK)	0.89 APY
   Bybit	Shentu (CTK)	0.27 APY
   CoinEx	Shentu (CTK)	0.27 APY

   Check out all 11 prices

2. 2. Select a Shentu Wallet

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

   플랫폼	코인	Staking 보상
   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

   Check out all 9 staking rewards available.

3. 3. Delegate Your CTK in South Korea

   We recommend using a staking pool when staking CTK. It’s more convenient and quicker to get started. A staking pool consists of a group of validators who combine their CTK, 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 Shentu network. For these validations, you will be rewarded with CTK.

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.