How to Stake ICON (ICX)

Earn up to
6.82% APY on your savings.

What you'll learn

1
How to Stake ICON (ICX) in Uganda
A comprehensive guide on how to stake ICON (ICX) in Uganda
2
Statistics about ICON Staking in Uganda
We have a wealth of information on staking ICON (ICX), and we are excited to share some of this with you.
3
Other cryptocurrencies you can stake
We present you with various staking options using different coins that may pique your interest.

Latest Movements in Uganda's Financial Landscape

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Market capitalization: US$202.88M
24-hour trading volume: US$10.75M
Available supply: 1.04B ICX

Check out the most recent updates

Top Trading Pairs for ICON

Important Notice

Important Notice

Introduction

Staking ICON can be an excellent choice for those looking to hold ICX 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 ICON (ICX) Tokens
To stake ICON, you first need to acquire it. To obtain ICON, you will have to buy it. You can select from these well-known exchanges available in Uganda.
E-platform Coin Cost
Binance ICON (ICX) 0.05 APY
OKX ICON (ICX) 0.11 APY
Uphold ICON (ICX) 0.11 APY
BingX ICON (ICX) 0.05 APY
Bitget ICON (ICX) 0.05 APY
Bitpanda ICON (ICX) 0.21 APY
See all 27 prices in Uganda
2. Select a ICON Wallet
Once you have ICX, you'll need to select a ICON wallet to securely store your tokens. Here are some reliable options to consider.
E-platform Coin Staking rewards in Uganda
Binance ICON (ICX) Up to 6.82% APY
Everstake ICON (ICX) Up to 9.3% APY
View all 6 staking rewards available.
3. Delegate Your ICX
We recommend using a staking pool when staking ICX. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their ICX, 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 ICON network. You'll be rewarded with ICX 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.