Introduction
Staking Celer Network is an excellent choice for those looking to hold CELR while earning yield securely and supporting the network. The process may seem overwhelming, especially for first-timers. That's why we've created this guide to help you through it.
Comprehensive Guide
1. Acquire Celer Network (CELR) Tokens
To stake Celer Network, you first need to acquire it. You can purchase Celer Network from various popular exchanges.
2. Select a Celer Network Wallet
Once you have CELR, you'll need to select a Celer Network wallet to keep your tokens safe. Here are some great options.
View all 10 staking rewardsPlatform Coin Staking benefits Binance Celer Network (CELR) Earn up to 4.01% APY Bitpanda Celer Network (CELR) Earn up to 4% APY BTSE Celer Network (CELR) Earn up to 4.41% APY 3. Delegate Your CELR
We suggest using a staking pool for staking CELR. It's easier and quicker to start. A staking pool consists of validators who pool their CELR, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.
4. Begin Validation
You will need to wait for your deposit to be confirmed by your wallet. Once confirmed, you will automatically validate transactions on the Celer Network network. You will be rewarded with CELR for these validations.
Key Considerations
Consider the transaction and staking pool fees. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, which can take some time.
Recent Developments
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- Market capitalization
- $94.14M
- 24-hour trading volume
- $6.82M
- Circulating supply refers to the total amount of a cryptocurrency or token that is currently available for trading in the market. It excludes tokens that are locked, reserved, or not yet released.
- 5.65B CELR
