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How to Stake Biswap (BSW)

Earn up to
0.9% APY on your savings.

What you'll learn

  1. 1

    How to Stake Biswap (BSW) in Uganda

    A comprehensive guide on how to stake Biswap (BSW) in Uganda

  2. 2

    Statistics about Biswap Staking in Uganda

    We have a wealth of information on staking Biswap (BSW), and we are excited to share some of this with you.

  3. 3

    Other cryptocurrencies you can stake

    We present you with various staking options using different coins that may pique your interest.

Introduction

Staking Biswap can be an excellent choice for those looking to hold BSW 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 Biswap (BSW) Tokens

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

  2. 2. Select a Biswap Wallet

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

    E-platformCoinStaking rewards in Uganda
    BinanceBiswap (BSW)Up to 0.9% APY
  3. 3. Delegate Your BSW

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

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Market capitalization
US$33.39M
24-hour trading volume
US$4.19M
Available supply
498.98M BSW
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Important Notice

Important Notice