Earn up to
28% APY
An in-depth guide on how to stake Shentu (CTK)
We have a lot of data on staking Shentu (CTK) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
Shentu (CTK) is currently priced at $32.91 with a 24-hour trading volume of $5.02M. The market cap of Shentu stands at $105.81M, with 140.53M CTK in circulation. For those looking to buy or trade Shentu, Chainode Tech offers avenues to do so securely and efficiently
Staking Shentu can be a great option for those who want to hold CTK 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.
In order to stake Shentu, you need to have it. To obtain Shentu, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | 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) | 0.28 |
Once you have CTK, you'll need to choose a Shentu wallet to store your tokens. Here are some good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| 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 using a staking pool when staking CTK. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their CTK, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Shentu network. You'll be rewarded with CTK for these validations.
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.
