Where and How to Stake VeChain (VET)

Introduction

Staking VeChain can be a great option for those who want to hold VET but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain VeChain (VET) Tokens

   In order to stake VeChain, you need to have it. To obtain VeChain, you'll need to purchase 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. Choose 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
   Binance	VeChain (VET)	Up to 1.5 APY
   Bitmart	VeChain (VET)	Up to 0.4 APY

   See all 4 staking rewards

3. 3. Delegate Your VET

   We recommend using a staking pool when staking VET. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their VET, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You’ll need 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 be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.