How to Stake VeChain (VET) in the UK

Introduction

Staking VeChain can be an excellent option for those who wish to hold VET while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain VeChain (VET) Tokens

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

   Platform	Coin	Price
   Nexo	VeChain (VET)	0.01
   PrimeXBT	VeChain (VET)	0.01
   YouHodler	VeChain (VET)	0.01
   Binance	VeChain (VET)	0.01
   Coinbase	VeChain (VET)	0.01
   Uphold	VeChain (VET)	0.02

   View all 46 prices

2. 2. Choose a VeChain Wallet

   Once you have VET, you'll need to choose a VeChain wallet to store your tokens. Here are some suitable options.

   Platform	Coin	Staking rewards
   Atomic Wallet	VeChain (VET)	Up to 1.63% AER
   Binance	VeChain (VET)	Up to 1% AER

   View all 8 staking rewards

3. 3. Delegate Your VET

   We recommend using a staking pool when staking VET. It's simpler and quicker to get started. A staking pool is a group of validators who combine their VET, which increases their chances of validating transactions and earning rewards. You can do 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 is confirmed, you will automatically validate transactions on the VeChain network. You will be rewarded with VET for these validations.

What to Be Aware Of

There are transaction and staking pool fees you need to consider. There may also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.