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

Introduction

Staking EOS can be an excellent choice for those looking to hold EOS 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 EOS (EOS) Tokens
To stake EOS, you first need to acquire it. To obtain EOS, you will have to buy it. You can select from these well-known exchanges available in Uganda.
E-platform Coin Cost
Nexo EOS (EOS) 0.78 APY
PrimeXBT EOS (EOS) 0.75 APY
EarnPark EOS (EOS) 0.18 APY
YouHodler EOS (EOS) 0.78 APY
Binance EOS (EOS) 0.78 APY
BTSE EOS (EOS) 0.78 APY
See all 55 prices in Uganda
2. Select a EOS Wallet
Once you have EOS, you'll need to select a EOS wallet to securely store your tokens. Here are some reliable options to consider.
E-platform Coin Staking rewards in Uganda
YouHodler EOS (EOS) Up to 13% APY
Binance EOS (EOS) Up to 7.5% APY
View all 9 staking rewards available.
3. Delegate Your EOS
We recommend using a staking pool when staking EOS. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their EOS, 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 EOS network. You'll be rewarded with EOS for these validations.

E-platform	Coin	Cost
Nexo	EOS (EOS)	0.78 APY
PrimeXBT	EOS (EOS)	0.75 APY
EarnPark	EOS (EOS)	0.18 APY
YouHodler	EOS (EOS)	0.78 APY
Binance	EOS (EOS)	0.78 APY
BTSE	EOS (EOS)	0.78 APY

E-platform	Coin	Staking rewards in Uganda
YouHodler	EOS (EOS)	Up to 13% APY
Binance	EOS (EOS)	Up to 7.5% 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.