How to Stake Telcoin (TEL) on Ankr
Ankr may not directly support TEL staking, but you can still use Ankr to buy TEL and transfer it for staking.
Current APY
8.0%
Price
$0.0022
Platform Fee
2%
Platform Type
liquid
Step-by-Step: Stake TEL on Ankr
1
Get a compatible wallet
You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Telcoin's network.
2
Acquire TEL
Buy TEL from an exchange and transfer it to your wallet, or swap for it using a DEX.
3
Visit Ankr
Go to Ankr's staking interface and connect your wallet.
4
Stake and receive liquid tokens
Enter your TEL amount and confirm the staking transaction. You'll receive a liquid staking token (LST) representing your staked position.
5
Use your LST in DeFi (optional)
Your liquid staking token can be used across DeFi — lend it, provide liquidity, or hold it to earn staking rewards passively.
Ankr for TEL Staking: Pros & Cons
Pros
- + Very low 2% fee — one of the cheapest liquid staking options
- + 10+ supported chains
- + Long track record since 2017
- + ANKR token staking for additional rewards
Cons
- - Lower TVL and liquidity vs Lido
- - ankrTokens have fewer DeFi integrations
- - Some chains have limited validator diversity
FAQ: TEL Staking on Ankr
What APY can I earn staking TEL on Ankr?
The current estimated APY for TEL staking is around 8.0%. Actual rates vary based on network conditions, validator performance, and Ankr's fee structure (2% of staking rewards).
Is staking TEL on Ankr safe?
Ankr is a non-custodial protocol with a medium risk profile for TEL staking. As a non-custodial platform, you retain control of your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake TEL from Ankr?
Unstaking times depend on the network: Flexible. During the unstaking period, your TEL won't earn rewards.
What fees does Ankr charge for TEL staking?
Ankr charges 2% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake TEL on other platforms?
Yes! You can compare all available platforms for TEL staking on our How to Stake Telcoin guide. Different platforms offer different APY rates, fees, and custody models.