Where and how to stake VeChain (VET)

Introduction

Staking VeChain can be a great option for those who wish to hold VET while earning yield in a safe manner and contributing to the network. The steps can be somewhat daunting, especially the first time you do them. That’s why we have put together this guide for you.

Step-by-Step Guide

1. 1. Acquire VeChain (VET) Tokens

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

   Platform	Coin	Price
   Nexo	VeChain (VET)	0.05
   PrimeXBT	VeChain (VET)	0.05
   Uphold	VeChain (VET)	0.05
   YouHodler	VeChain (VET)	0.05
   Binance	VeChain (VET)	0.05
   Coinbase	VeChain (VET)	0.05

   See all 24 prices

2. 2. Select a VeChain Wallet

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

   Platform	Coin	Staking rewards
   Bitmart	VeChain (VET)	Up to 0.4 APY
   Binance	VeChain (VET)	Up to 1.5 APY

   See all 4 staking rewards

3. 3. Delegate Your VET

   We suggest using a staking pool for staking VET. It's easier and quicker to get started. A staking pool is a collection of validators who combine their VET, which increases their odds of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You'll have to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the VeChain network. You'll be rewarded with VET for these validations.

What to Keep in Mind

You need to keep in mind the transaction and staking pool fees. Additionally, there might be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this can take a while.