How to Stake Victory Impact (VIC) in the UK

Introduction

Staking Victory Impact can be an excellent option for those who wish to hold VIC 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 Victory Impact (VIC) Tokens

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

   Platform	Coin	Price
   Binance	Victory Impact (VIC)	0.09
   BTSE	Victory Impact (VIC)	0.09
   Gate.io	Victory Impact (VIC)	0.09
   Hotcoin	Victory Impact (VIC)	0.25
   HTX	Victory Impact (VIC)	0.03

   View all 9 prices

2. 2. Choose a Victory Impact Wallet

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

   Platform	Coin	Staking rewards
   Binance	Victory Impact (VIC)	Up to 5.9% AER

3. 3. Delegate Your VIC

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