How to Stake Decimal (DEL): A Step-by-Step Guide for Ugandans

Introduction

Staking Decimal can be an excellent choice for those looking to hold DEL 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 Decimal (DEL) Tokens
To stake Decimal, you first need to acquire it. To obtain Decimal, you will have to buy it. You can select from these well-known exchanges available in Uganda.
E-platform Coin Cost
MEXC Global Decimal (DEL) 0.000749 APY
2. Select a Decimal Wallet
Once you have DEL, you'll need to select a Decimal wallet to securely store your tokens. Here are some reliable options to consider.
E-platform Coin Staking rewards in Uganda
MyCointainer Decimal (DEL) Up to 41.18% APY
3. Delegate Your DEL
We recommend using a staking pool when staking DEL. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their DEL, 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 Decimal network. You'll be rewarded with DEL for these validations.

E-platform	Coin	Cost
MEXC Global	Decimal (DEL)	0.000749 APY

E-platform	Coin	Staking rewards in Uganda
MyCointainer	Decimal (DEL)	Up to 41.18% APY

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.