Introduction
Staking Celestia can be a great option for those who want to hold TIA but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.
Step-by-Step Guide
1. Obtain Celestia (TIA) Tokens
In order to stake Celestia, you need to have it. To obtain Celestia, you'll need to purchase it. You can choose from these popular exchanges.
See all 45 pricesPlatform Coin Price Uphold Celestia (TIA) 3.01 OKX Celestia (TIA) 3.02 Binance Celestia (TIA) 3.02 BTSE Celestia (TIA) 3.02 Coinbase Celestia (TIA) 3.02 2. Choose a Celestia Wallet
Once you have TIA, you'll need to choose a Celestia wallet to store your tokens. Here are some good options.
See all 15 staking rewardsPlatform Coin Staking rewards Bitget Celestia (TIA) Up to 11% APY Binance Celestia (TIA) Up to 8% APY 3. Delegate Your TIA
We recommend using a staking pool when staking TIA. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their TIA, which gives them a higher chance of validating transactions and earning rewards. You can do 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 Celestia network. You'll be rewarded with TIA for these validations.
What to be Aware of
There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
Latest Movements
Celestia (TIA) is currently priced at $11 with a 24-hour trading volume of $149.83M. The market cap of Celestia stands at $2.19B, with 484.11M TIA in circulation. For those looking to buy or trade Celestia, Bitget offers avenues to do so securely and efficiently}
- Market cap
- $2.19B
- 24h volume
- $149.83M
- Circulating supply
- 484.11M TIA
Frequently Asked Questions About Staking Celestia (TIA)
- What are the staking rewards for Celestia (TIA)?
- Staking rewards for Celestia (TIA) can vary based on the platform used for staking. Currently, there are a total of eight rates available, but specific average rates are not disclosed. The best staking reward rate can be found on Everstake, which offers competitive returns. It is essential to stay informed about these rates, as they can change frequently, impacting the potential earnings from staking. For the latest updates, check back regularly on Bitcompare.