Introduction

Staking Arkham can be an excellent choice for those looking to hold ARKM 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 Arkham (ARKM) Tokens

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

   E-platform	Coin	Cost
   PrimeXBT	Arkham (ARKM)	0.18 APY
   Binance	Arkham (ARKM)	0.18 APY
   BTSE	Arkham (ARKM)	0.18 APY
   Coinbase	Arkham (ARKM)	0.18 APY
   Kraken	Arkham (ARKM)	0.18 APY
   OKX	Arkham (ARKM)	0.51 APY

   See all 45 prices in Uganda

2. 2. Select a Arkham Wallet

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

3. 3. Delegate Your ARKM

   We recommend using a staking pool when staking ARKM. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their ARKM, 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 Arkham network. You'll be rewarded with ARKM 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.