How to Stake Avail (AVAIL)

Introduction

Staking Avail can be an excellent choice for those looking to hold AVAIL 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 Avail (AVAIL) Tokens

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

   E-platform	Coin	Cost
   BingX	Avail (AVAIL)	0.01 APY
   Bitget	Avail (AVAIL)	0.01 APY
   Bitpanda	Avail (AVAIL)	0.13 APY
   Bybit	Avail (AVAIL)	0.01 APY
   CoinEx	Avail (AVAIL)	0.01 APY
   Gate.io	Avail (AVAIL)	0.01 APY

   See all 21 prices in Uganda

2. 2. Select a Avail Wallet

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

   E-platform	Coin	Staking rewards in Uganda
   Stakin	Avail (AVAIL)	Up to 8.52% APY

3. 3. Delegate Your AVAIL

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