Introduction
Staking Cartesi can be an excellent choice for those looking to hold CTSI while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.
Step-by-Step Guide for South African Investors
1. Acquire Cartesi (CTSI) Tokens
To stake Cartesi, you first need to acquire it. To obtain Cartesi, you'll need to buy it. You can select from these popular exchanges available in South Africa.
View all 36 pricesPlatform Mint Cost Binance Cartesi (CTSI) 0,08 BTSE Cartesi (CTSI) 0,08 Coinbase Cartesi (CTSI) 0,08 Kraken Cartesi (CTSI) 0,08 Uphold Cartesi (CTSI) 0,07 BingX Cartesi (CTSI) 0,08 2. Select a Cartesi Wallet
Once you have CTSI, you'll need to choose a Cartesi wallet to store your tokens securely. Here are some solid options to consider.
View all 7 staking rewards availablePlatform Mint Staking rewards in South Africa Binance Cartesi (CTSI) Up to 6% APY BTSE Cartesi (CTSI) Up to 2,07% APY 3. Delegate Your CTSI
We recommend using a staking pool when staking CTSI. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their CTSI, 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 Cartesi network. You'll be rewarded with CTSI for these validations.
What to Keep in Mind
There are transaction and staking pool fees you need to take into account. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this process can take some time.
Latest Movements in the Market
Cartesi (CTSI) is currently priced at US$22,8 with a 24-hour trading volume of US$6,02M. The market cap of Cartesi stands at US$123,21M, with 844,84M CTSI in circulation. For those looking to buy or trade Cartesi, Binance offers avenues to do so securely and efficiently
- Market capitalisation
- US$123,21M
- 24-hour trading volume
- US$6,02M
- Circulating supply
- 844,84M CTSI