How to Stake Story (story)

Introduction

Staking Story can be an excellent choice for those looking to hold story 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 Story (story) Tokens

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

   E-platform	Coin	Cost
   BTSE	Story (story)	2.23 APY
   Coinbase	Story (story)	2.43 APY
   Kraken	Story (story)	2.43 APY
   OKX	Story (story)	2.4 APY
   Uphold	Story (story)	4.2 APY
   BingX	Story (story)	2.45 APY

   See all 22 prices in Uganda

2. 2. Select a Story Wallet

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

   E-platform	Coin	Staking rewards in Uganda
   Everstake	Story (story)	Up to 6.78% APY

3. 3. Delegate Your story

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