Recent Developments
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- Market capitalization
- $105.81M
- 24-hour trading volume
- $5.02M
- Circulating supply
- 140.53M CTK
Earn up to
28% APY in the UAE.
An in-depth guide on how to stake Shentu (CTK) in the UAE
We have extensive information on staking Shentu (CTK), and we are pleased to share some of these insights with you.
We present you with various staking options featuring different cryptocurrencies that may pique your interest.
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Staking Shentu can be an excellent choice for individuals in the UAE looking to hold CTK while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-time users. That’s why we’ve created this guide to assist you.
To stake Shentu, you first need to acquire it. To obtain Shentu, you will need to purchase it from one of the popular exchanges available in the UAE.
| Platform | Cryptocurrency | Price |
|---|---|---|
| Azbit | Shentu (CTK) | 0.28 |
| BingX | Shentu (CTK) | 0.28 |
| Bitmart | Shentu (CTK) | 0.36 |
| Bitpanda | Shentu (CTK) | 0.89 |
| Bybit | Shentu (CTK) | 0.28 |
| CoinEx | Shentu (CTK) | 0.27 |
Once you have CTK, you'll need to select a Shentu wallet to securely store your tokens. Here are some excellent options available in the UAE market.
| Platform | Cryptocurrency | Staking rewards in the UAE |
|---|---|---|
| Chainode Tech | Shentu (CTK) | Up to 24.8% APY |
| MyCointainer | Shentu (CTK) | Up to 31.2% APY |
| Stakely.io | Shentu (CTK) | Up to 32.91% APY |
| Stakewolle | Shentu (CTK) | Up to 31.25% APY |
We recommend utilizing a staking pool when staking CTK. It’s more straightforward and quicker to get started. A staking pool consists of a group of validators who pool their CTK, increasing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
You will need to wait for your deposit to be confirmed by your digital wallet. Once it's confirmed, you will automatically validate transactions on the Shentu network. For these validations, you will be rewarded with CTK.
In the UAE, it's important to factor in transaction and staking pool fees when engaging in cryptocurrency activities. Additionally, you may experience a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.