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

Introduction

Staking Ontology can be an excellent choice for those looking to hold ONT 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 Ontology (ONT) Tokens
To stake Ontology, you first need to acquire it. To obtain Ontology, you will have to buy it. You can select from these well-known exchanges available in Uganda.
E-platform Coin Cost
Binance Ontology (ONT) 0.05 APY
OKX Ontology (ONT) 0.15 APY
Uphold Ontology (ONT) 0.14 APY
Azbit Ontology (ONT) 0.05 APY
BingX Ontology (ONT) 0.05 APY
Bitget Ontology (ONT) 0.05 APY
See all 30 prices in Uganda
2. Select a Ontology Wallet
Once you have ONT, you'll need to select a Ontology wallet to securely store your tokens. Here are some reliable options to consider.
E-platform Coin Staking rewards in Uganda
Binance Ontology (ONT) Up to 13.5% APY
CEX.io Ontology (ONT) Up to 10% APY
Exodus Ontology (ONT) Up to 17.08% APY
View all 10 staking rewards available.
3. Delegate Your ONT
We recommend using a staking pool when staking ONT. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their ONT, 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 Ontology network. You'll be rewarded with ONT for these validations.

E-platform	Coin	Cost
Binance	Ontology (ONT)	0.05 APY
OKX	Ontology (ONT)	0.15 APY
Uphold	Ontology (ONT)	0.14 APY
Azbit	Ontology (ONT)	0.05 APY
BingX	Ontology (ONT)	0.05 APY
Bitget	Ontology (ONT)	0.05 APY

E-platform	Coin	Staking rewards in Uganda
Binance	Ontology (ONT)	Up to 13.5% APY
CEX.io	Ontology (ONT)	Up to 10% APY
Exodus	Ontology (ONT)	Up to 17.08% 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.