Introduction

Staking EURC can be an excellent choice for those looking to hold EURC 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 EURC (EURC) Tokens

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

   E-platform	Coin	Cost
   Coinbase	EURC (EURC)	1.16 APY
   OKX	EURC (EURC)	1.09 APY
   Bitmart	EURC (EURC)	1.16 APY
   Bitpanda	EURC (EURC)	1.06 APY
   Bitstamp	EURC (EURC)	1.16 APY
   CoinEx	EURC (EURC)	1.16 APY

   See all 10 prices in Uganda

2. 2. Select a EURC Wallet

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

3. 3. Delegate Your EURC

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