How to Stake Venus (XVS) in the UK

Introduction

Staking Venus can be an excellent option for those who wish to hold XVS 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 Venus (XVS) Tokens

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

   Platform	Coin	Price
   Binance	Venus (XVS)	5.34
   Azbit	Venus (XVS)	5.34
   BingX	Venus (XVS)	5.33
   Bitpanda	Venus (XVS)	9.32
   Bybit	Venus (XVS)	5.32
   CoinEx	Venus (XVS)	5.33

   View all 28 prices

2. 2. Choose a Venus Wallet

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

   Platform	Coin	Staking rewards
   Binance	Venus (XVS)	Up to 5.12% AER

3. 3. Delegate Your XVS

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