How to Stake VeChain (VET)

Introduction

Staking VeChain can be an excellent choice for those looking to hold VET 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've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire VeChain (VET) Tokens

   To stake VeChain, you first need to acquire it. To obtain VeChain, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

   Plattform	Kryptowährung	Price
   Nexo	VeChain (VET)	0,01 APY
   PrimeXBT	VeChain (VET)	0,01 APY
   YouHodler	VeChain (VET)	0,01 APY
   Binance	VeChain (VET)	0,01 APY
   Coinbase	VeChain (VET)	0,01 APY
   Uphold	VeChain (VET)	0,02 APY

   View all 46 prices

2. 2. Select a VeChain Wallet

   Once you have VET, you'll need to select a VeChain wallet to securely store your tokens. Here are some solid options to consider.

   Plattform	Kryptowährung	Staking rewards
   Atomic Wallet	VeChain (VET)	Up to 1,63 % APY
   Binance	VeChain (VET)	Up to 1 % APY

   Discover all 8 staking rewards available

3. 3. Delegate Your VET

   We recommend using a staking pool when staking VET. It's simpler and faster to get started. A staking pool is a collective of validators who pool their VET, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the VeChain network. For these validations, you will be rewarded with VET.

What to Consider

There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.