Where and how to stake Venus (XVS)

Introduction

Staking Venus can be a great option for those who wish to hold XVS 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 Venus (XVS) Tokens

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

   Platform	Coin	Price
   Binance	Venus (XVS)	6.03
   MEXC Global	Venus (XVS)	6.03
   Bybit	Venus (XVS)	6.02
   Gate.io	Venus (XVS)	6.04
   BingX	Venus (XVS)	6.04
   CoinEx	Venus (XVS)	6.03

   See all 27 prices

2. 2. Select a Venus Wallet

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

   Platform	Coin	Staking rewards
   Binance	Venus (XVS)	Up to 4.9% APY

3. 3. Delegate Your XVS

   We suggest using a staking pool for staking XVS. It's easier and quicker to get started. A staking pool is a collection of validators who combine their XVS, 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 Venus network. You'll be rewarded with XVS 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.