How to Stake Core (CORE)

Introduction

Staking Core can be an excellent choice for those looking to hold CORE 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 Core (CORE) Tokens

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

   E-platform	Coin	Cost
   OKX	Core (CORE)	0.43 APY
   Bake	Core (CORE)	0.12 APY
   Bitget	Core (CORE)	0.12 APY
   Bitmart	Core (CORE)	0.12 APY
   Bitpanda	Core (CORE)	1.1 APY
   Bybit	Core (CORE)	0.12 APY

   See all 20 prices in Uganda

2. 2. Select a Core Wallet

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

   E-platform	Coin	Staking rewards in Uganda
   Bitget	Core (CORE)	Up to 16.8% APY
   Bitmart	Core (CORE)	Up to 1% APY
   Everstake	Core (CORE)	Up to 5.34% APY

   View all 7 staking rewards available.

3. 3. Delegate Your CORE

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