How to Stake Victory Impact (VIC) in India

Introduction

Staking Victory Impact can be an excellent choice for those looking to hold VIC while earning returns in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.

Step-by-Step Guide for Indian Investors

1. 1. Acquire Victory Impact (VIC) Tokens in India

   To stake Victory Impact, you first need to acquire it. To obtain Victory Impact, you will have to purchase it from a cryptocurrency exchange. You can select from these popular platforms available in India.

   Platform	Coin	Cost
   Binance	Victory Impact (VIC)	0.25
   BTSE	Victory Impact (VIC)	0.25
   Gate.io	Victory Impact (VIC)	0.25
   Hotcoin	Victory Impact (VIC)	0.25
   HTX	Victory Impact (VIC)	0.25

   See all 9 rates

2. 2. Choose a Victory Impact Wallet in India

   Once you have VIC, you'll need to choose a Victory Impact wallet to securely store your tokens. Here are some reliable options available in India.

   Platform	Coin	Staking rewards in India
   Binance	Victory Impact (VIC)	Up to 5.9% APY

3. 3. Delegate Your VIC in India

   We recommend using a staking pool when staking VIC. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their VIC, increasing their chances of validating transactions and earning rewards. You can easily 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's confirmed, you will automatically validate transactions on the Victory Impact network. For these validations, you will be rewarded with VIC.

What to Keep in Mind

When engaging in staking, it's important to factor in transaction fees and staking pool charges. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take some time to accomplish.