Where and How to Stake Celer Network (CELR)

Introduction

Staking Celer Network can be a great option for those who want to hold CELR 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. 1. Obtain Celer Network (CELR) Tokens

   In order to stake Celer Network, you need to have it. To obtain Celer Network, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Uphold	Celer Network (CELR)	0.01
   Kraken	Celer Network (CELR)	0.01
   OKX	Celer Network (CELR)	0.01
   Binance	Celer Network (CELR)	0.01
   BTSE	Celer Network (CELR)	0.01
   Coinbase	Celer Network (CELR)	0.01

   See all 39 prices

2. 2. Choose a Celer Network Wallet

   Once you have CELR, you'll need to choose a Celer Network wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Binance	Celer Network (CELR)	Up to 3% APY
   Everstake	Celer Network (CELR)	Up to 5% APY

   See all 10 staking rewards

3. 3. Delegate Your CELR

   We recommend using a staking pool when staking CELR. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their CELR, which gives them a higher chance of validating transactions and earning rewards. You can do 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 Celer Network network. You'll be rewarded with CELR 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.