How to Stake Vector Finance (VTX) in the UK

Introduction

Staking Vector Finance can be an excellent option for those who wish to hold VTX 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 Vector Finance (VTX) Tokens

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

2. 2. Choose a Vector Finance Wallet

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

   Platform	Coin	Staking rewards
   MyCointainer	Vector Finance (VTX)	Up to 17.21% AER

3. 3. Delegate Your VTX

   We recommend using a staking pool when staking VTX. It's simpler and quicker to get started. A staking pool is a group of validators who combine their VTX, 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 Vector Finance network. You will be rewarded with VTX 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.