Where and How to Stake Vite (VITE)

Introduction

Staking Vite can be a great choice for those who want to hold VITE but earn yield in a secure way while contributing to the network. The steps can be a little overwhelming, especially the first time you go through them. That’s why we’ve put this guide together for you.

Step-by-step Guide

1. 1. Get Vite (VITE) Tokens

   To stake Vite, you need to have it. To obtain Vite, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Loonies	Price
   Binance	Vite (VITE)	0.00086
   MEXC Global	Vite (VITE)	0.0002104
   BingX	Vite (VITE)	0.00058
   CoinEx	Vite (VITE)	0.0001248

   See all 8 prices

2. 2. Select a Vite Wallet

   Once you have VITE, you’ll need to choose a Vite wallet to store your tokens. Here are some good options.

   Platform	Loonies	Staking rewards
   MyCointainer	Vite (VITE)	Up to 13% annual percentage yield

3. 3. Delegate Your VITE

   We recommend using a staking pool when staking VITE. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their VITE, which gives them a higher chance of validating transactions and earning rewards. You can do 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 Vite network. You'll be rewarded with VITE for these validations.

What to be Aware of

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.