Introduction

Staking Helium Mobile can be an excellent choice for those looking to hold MOBILE 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 Helium Mobile (MOBILE) Tokens

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

   E-platform	Coin	Cost
   Coinbase	Helium Mobile (MOBILE)	0.000265 APY
   BingX	Helium Mobile (MOBILE)	0.000309 APY
   Bitget	Helium Mobile (MOBILE)	0.000346 APY
   Bitmart	Helium Mobile (MOBILE)	0.000298 APY
   Bybit	Helium Mobile (MOBILE)	0.0003932 APY
   CoinEx	Helium Mobile (MOBILE)	0.0002035 APY

   See all 20 prices in Uganda

2. 2. Select a Helium Mobile Wallet

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

3. 3. Delegate Your MOBILE

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