How to Stake Victory Impact (VIC)

Introduction

Staking Victory Impact can be an excellent choice for those looking to hold VIC 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 Victory Impact (VIC) Tokens

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

   Plattform	Kryptowährung	Price
   Binance	Victory Impact (VIC)	0,1 APY
   BTSE	Victory Impact (VIC)	0,1 APY
   Gate.io	Victory Impact (VIC)	0,09 APY
   Hotcoin	Victory Impact (VIC)	0,25 APY
   HTX	Victory Impact (VIC)	0,03 APY

   View all 9 prices

2. 2. Select a Victory Impact Wallet

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

   Plattform	Kryptowährung	Staking rewards
   Binance	Victory Impact (VIC)	Up to 5,9 % APY

3. 3. Delegate Your VIC

   We recommend using a staking pool when staking VIC. It's simpler and faster to get started. A staking pool is a collective of validators who pool their VIC, 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 Victory Impact network. For these validations, you will be rewarded with VIC.

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.