How to Stake Apidae (APT)

Introduction

Staking Apidae can be an excellent choice for those looking to hold APT while earning APY in a secure manner and supporting the network. The process might seem a bit overwhelming, particularly if you're doing it for the first time. That's why we've created this guide specifically for you.

Step-by-Step Guide for Ugandan Investors

1. 1. Acquire Apidae (APT) Tokens

   To stake Apidae, you first need to acquire it. To obtain Apidae, you will have to buy it. You can select from these well-known exchanges available in Uganda.

   E-platform	Coin	Cost
   Kraken	Apidae (APT)	1.73 APY
   CoinEx	Apidae (APT)	1.72 APY
   Hotcoin	Apidae (APT)	1.72 APY
   Kucoin	Apidae (APT)	1.72 APY
   MEXC Global	Apidae (APT)	1.72 APY

   See all 10 prices in Uganda

2. 2. Select a Apidae Wallet

   Once you have APT, you'll need to select a Apidae wallet to securely store your tokens. Here are some reliable options to consider.

   E-platform	Coin	Staking rewards in Uganda
   Kucoin	Apidae (APT)	Up to 4.5% APY

3. 3. Delegate Your APT

   We recommend using a staking pool when staking APT. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their APT, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 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 Apidae network. You'll be rewarded with APT for these validations.

What to Keep in Mind

There are transaction and staking pool fees you need to keep in mind. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, which can take a bit of time.