How to Stake VeChain (VET)

Introduction

Staking VeChain can be an excellent choice for those looking to hold VET while earning APY in a secure manner and supporting the network. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. 1. Acquire VeChain (VET) Tokens

   To stake VeChain, you must first acquire it. To obtain VeChain, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Nexo	VeChain (VET)	0,01 APY
   PrimeXBT	VeChain (VET)	0,01 APY
   YouHodler	VeChain (VET)	0,01 APY
   Binance	VeChain (VET)	0,01 APY
   Coinbase	VeChain (VET)	0,01 APY
   Uphold	VeChain (VET)	0,02 APY

   Check out all 46 prices

2. 2. Select a VeChain Wallet

   Once you have VET, you'll need to select a VeChain wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.

   Piattaforma	Criptovaluta	Staking rewards
   Atomic Wallet	VeChain (VET)	Up to 1,63% APY
   Binance	VeChain (VET)	Up to 1% APY

   Discover all 8 staking rewards available to you

3. 3. Delegate Your VET

   We recommend using a staking pool when staking VET. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their VET, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin the Validation Process

   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. For these validations, you'll receive rewards in VET.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.