Introduction
Staking Big Time can be an excellent choice for those looking to hold BIGTIME 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. Acquire Big Time (BIGTIME) Tokens
To stake Big Time, you first need to acquire it. To obtain Big Time, you will have to buy it. You can select from these well-known exchanges available in Uganda.
See all 43 prices in UgandaE-platform Coin Cost PrimeXBT Big Time (BIGTIME) 0.02 APY Binance Big Time (BIGTIME) 0.02 APY Coinbase Big Time (BIGTIME) 0.02 APY Kraken Big Time (BIGTIME) 0.02 APY OKX Big Time (BIGTIME) 0.06 APY Uphold Big Time (BIGTIME) 0.06 APY 2. Select a Big Time Wallet
Once you have BIGTIME, you'll need to select a Big Time wallet to securely store your tokens. Here are some reliable options to consider.
3. Delegate Your BIGTIME
We recommend using a staking pool when staking BIGTIME. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their BIGTIME, which increases their chances of validating transactions and earning rewards. You can manage 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 Big Time network. You'll be rewarded with BIGTIME 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.
Latest Movements in Uganda's Financial Landscape
- Market capitalization
- US$187.37M
- 24-hour trading volume
- US$17.04M
- Available supply
- 1.49B BIGTIME
