How to Stake Celer Network (CELR): A Step-by-Step Guide

Introduction

Staking Celer Network can be a great option for those who want to hold CELR but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. Obtain Celer Network (CELR) Tokens
In order to stake Celer Network, you need to have it. To obtain Celer Network, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Binance Celer Network (CELR) 0
BTSE Celer Network (CELR) 0
Coinbase Celer Network (CELR) 0
Kraken Celer Network (CELR) 0
OKX Celer Network (CELR) 0.01
Uphold Celer Network (CELR) 0.01
See all 39 prices
2. Choose a Celer Network Wallet
Once you have CELR, you’ll need to choose a Celer Network wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
Binance Celer Network (CELR) Up to 4.01% APY
Bitpanda Celer Network (CELR) Up to 4% APY
BTSE Celer Network (CELR) Up to 4.47% APY
See all 10 staking rewards
3. Delegate Your CELR
We recommend using a staking pool when staking CELR. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their CELR, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
You’ll need to wait for your deposit to be confirmed by your wallet. Once it’s confirmed, you’ll automatically validate transactions on the Celer Network network. You’ll be rewarded with CELR for these validations.

Platform	Coin	Price
Binance	Celer Network (CELR)	0
BTSE	Celer Network (CELR)	0
Coinbase	Celer Network (CELR)	0
Kraken	Celer Network (CELR)	0
OKX	Celer Network (CELR)	0.01
Uphold	Celer Network (CELR)	0.01

Platform	Coin	Staking rewards
Binance	Celer Network (CELR)	Up to 4.01% APY
Bitpanda	Celer Network (CELR)	Up to 4% APY
BTSE	Celer Network (CELR)	Up to 4.47% APY

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.