Introduction

Staking Tether Gold can be an excellent choice for those looking to hold XAUT 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 Tether Gold (XAUT) Tokens

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

   E-platform	Coin	Cost
   YouHodler	Tether Gold (XAUT)	4,509.84 APY
   BTSE	Tether Gold (XAUT)	4,495.05 APY
   Coinbase	Tether Gold (XAUT)	2,641.15 APY
   OKX	Tether Gold (XAUT)	4,499 APY
   Azbit	Tether Gold (XAUT)	0 APY
   Bake	Tether Gold (XAUT)	4,494.24 APY

   See all 40 prices in Uganda

2. 2. Select a Tether Gold Wallet

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

3. 3. Delegate Your XAUT

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