How to Stake Manta Network (MANTA)

Introduction

Staking Manta Network can be an excellent choice for those looking to hold MANTA 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 Manta Network (MANTA) Tokens

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

   E-platform	Coin	Cost
   PrimeXBT	Manta Network (MANTA)	0.21 APY
   Binance	Manta Network (MANTA)	0.21 APY
   BTSE	Manta Network (MANTA)	0.21 APY
   BingX	Manta Network (MANTA)	0.21 APY
   Bitget	Manta Network (MANTA)	0.21 APY
   Bitmart	Manta Network (MANTA)	0.21 APY

   See all 34 prices in Uganda

2. 2. Select a Manta Network Wallet

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

   E-platform	Coin	Staking rewards in Uganda
   Bitget	Manta Network (MANTA)	Up to 20% APY
   Bitmart	Manta Network (MANTA)	Up to 1% APY

   View all 5 staking rewards available.

3. 3. Delegate Your MANTA

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