A savings account at the bank yields little return. Fortunately, with Celestia you can now obtain returns through staking! The amount of return of course depends on the price, your own coin balance and the staking return. Below is a reminder about Celestia, and a description so you can start staking immediately.
Celestia: A new blockchain project
Celestia is one of the first as a modular blockchain. This network allows users to implement their own blockchain with minimal effort. This is achieved by rethinking the architecture of blockchain from the ground up, separating transaction execution from consensus, and introducing a new technique, data availability sampling.
And from now on you can also generate some returns with your Celestia (TIA) tokens. You do this by striking.
This is how crypto staking works at BLOX!
You can easily do crypto staking at BLOX via the BLOX trading app or the web portal. Go to the ‘Staking’ tab and read the explanation and risks carefully. After this you will enter the strike menu.
In the staking menu you will see all the coins in your possession that can be staked. You can turn staking on or off at any time and per coin. Have you activated a strike? Then all your credit will be used for this without losing it. Your coins are not ‘fixed’ at BLOX (as they are at trade exchanges) and you can continue to trade them at any time as you are used to. All that happens in that case is that the amount of your return changes with the amount of your crypto holdings.
Start staking Celestia (TIA) at BLOX
Start with stake Celestia (TIA) at BLOX? This can be done at any time and works like this:
1. Open BLOX (or download the app if you don’t already have it)
2. Go to the ‘strike’ tab. Search for Celestia (TIA) and tap ‘continue’.
3. Read the brief explanation about the risks of a strike carefully!
4. Tap ‘read more’ or continue to stake.
5. Activate staking your coins in the staking menu
The return you earn on your Celestia (TIA) is paid out weekly on Mondays. You can view the return you earn per coin in the menu. That’s easily deserved, right?
Start discontinuing your Celestia (TIA) now.
To the app ➜
