How to Stake Vite (VITE)

Introduction

Staking Vite can be an excellent choice for those looking to hold VITE 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 Vite (VITE) Tokens

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

   Piattaforma	Criptovaluta	Value
   Binance	Vite (VITE)	0.00086 APY
   BingX	Vite (VITE)	0.00058 APY
   CoinEx	Vite (VITE)	0.0001248 APY
   MEXC Global	Vite (VITE)	0.0002104 APY

   Check out all 8 prices

2. 2. Select a Vite Wallet

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

   Piattaforma	Criptovaluta	Staking rewards
   MyCointainer	Vite (VITE)	Up to 13% APY

3. 3. Delegate Your VITE

   We recommend using a staking pool when staking VITE. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their VITE, 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 Vite network. For these validations, you'll receive rewards in VITE.

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.