How to Stake Evmos (EVMOS)

Introduction

Staking Evmos can be an excellent choice for those looking to hold EVMOS 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 Evmos (EVMOS) Tokens

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

   E-platform	Coin	Cost
   BingX	Evmos (EVMOS)	0.01 APY
   CoinEx	Evmos (EVMOS)	0 APY
   Gate.io	Evmos (EVMOS)	0 APY
   HTX	Evmos (EVMOS)	0 APY
   MEXC Global	Evmos (EVMOS)	0 APY

   See all 10 prices in Uganda

2. 2. Select a Evmos Wallet

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

   E-platform	Coin	Staking rewards in Uganda
   Stakely.io	Evmos (EVMOS)	Up to 0.98% APY
   Stakin	Evmos (EVMOS)	Up to 10.93% APY

   View all 4 staking rewards available.

3. 3. Delegate Your EVMOS

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