How to Stake Validity (VAL): A Comprehensive Guide for Investors in China

Introduction

Staking Validity can be an excellent choice for individuals looking to hold VAL 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 have created this comprehensive guide to assist you.

Step-by-Step Guide

1. Acquire Validity (VAL) Tokens
To stake Validity, you first need to acquire it. To obtain Validity, you can purchase it from these well-known exchanges.
Platform Coin Price
Bitmart Validity (VAL) 0.5 APY
2. Select a Validity Wallet for Your Needs
Once you have VAL, you'll need to select a Validity wallet to securely store your tokens. Here are some excellent options to consider.
Platform Coin Staking returns
MyCointainer Validity (VAL) Up to 23.6% APY
3. Delegate Your VAL for Enhanced Returns
We recommend utilizing a staking pool when staking VAL. It is more straightforward and quicker to get started. A staking pool consists of a collective of validators who pool their VAL, enhancing their chances of validating transactions and earning rewards. You can easily manage this through your wallet's interface.
4. Begin Verification
You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the Validity network. For these validations, you will be rewarded with VAL.

Platform	Coin	Price
Bitmart	Validity (VAL)	0.5 APY

Platform	Coin	Staking returns
MyCointainer	Validity (VAL)	Up to 23.6% APY

What to Consider in the Chinese Market

When engaging in transactions and participating in staking pools, it's important to factor in the associated fees. Additionally, there may be a waiting period before you begin to receive rewards. The staking pool must successfully generate blocks, which can require some time to accomplish.