Introduction
Staking Celestia can be an excellent choice for those looking to hold TIA 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 Celestia (TIA) Tokens
To stake Celestia, you first need to acquire it. To obtain Celestia, you will have to buy it. You can select from these well-known exchanges available in Uganda.
See all 47 prices in UgandaE-platform Coin Cost PrimeXBT Celestia (TIA) 0.58 APY Binance Celestia (TIA) 0.58 APY BTSE Celestia (TIA) 0.58 APY Coinbase Celestia (TIA) 0.58 APY OKX Celestia (TIA) 1.7 APY 2. Select a Celestia Wallet
Once you have TIA, you'll need to select a Celestia wallet to securely store your tokens. Here are some reliable options to consider.
View all 15 staking rewards available.E-platform Coin Staking rewards in Uganda Bake Celestia (TIA) Up to 10% APY Binance Celestia (TIA) Up to 4.74% APY Bitget Celestia (TIA) Up to 11% APY 3. Delegate Your TIA
We recommend using a staking pool when staking TIA. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their TIA, 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 Celestia network. You'll be rewarded with TIA 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$2.19B
- 24-hour trading volume
- US$149.83M
- Available supply
- 484.11M TIA
