Latest Movements in Uganda's Financial Landscape
- Market capitalization
- US$2.12B
- 24-hour trading volume
- US$211.72M
- Available supply
- 76.27T BONK
BONK
ADA
BCH
BNB
BTC
DOGE
ETH
FIGR_HELOC
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SOL
STETH
TRX
USDCImportant Notice
Staking Bonk can be an excellent choice for those looking to hold BONK 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.
To stake Bonk, you first need to acquire it. To obtain Bonk, you will have to buy it. You can select from these well-known exchanges available in Uganda.
| E-platform | Coin | Cost |
|---|---|---|
| YouHodler | Bonk (BONK) | 0.0000106 APY |
| Binance | Bonk (BONK) | 0.0000106 APY |
| BTSE | Bonk (BONK) | 0.00001059 APY |
| OKX | Bonk (BONK) | 0.00002173 APY |
| Uphold | Bonk (BONK) | 0.00001688 APY |
| Bake | Bonk (BONK) | 0.00001066 APY |
Once you have BONK, you'll need to select a Bonk wallet to securely store your tokens. Here are some reliable options to consider.
We recommend using a staking pool when staking BONK. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their BONK, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
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 Bonk network. You'll be rewarded with BONK for these validations.
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.
