Introduction

Staking Verasity can be an excellent choice for those looking to hold VRA while earning APY 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 to assist you.

Step-by-Step Guide for South Korea's Financial Landscape 1

1. 1. Acquire Verasity (VRA) Tokens

   To stake Verasity, you first need to acquire it. To obtain Verasity, you'll need to purchase it from a cryptocurrency exchange. You can choose from these popular platforms available in South Korea.

   플랫폼	코인	Price
   BTSE	Verasity (VRA)	0.000063 APY
   OKX	Verasity (VRA)	0 APY
   BingX	Verasity (VRA)	0.0000637 APY
   Bitget	Verasity (VRA)	0 APY
   Bitmart	Verasity (VRA)	0.000064 APY
   Bitpanda	Verasity (VRA)	0.01 APY

   Check out all 27 prices

2. 2. Select a Verasity Wallet

   Once you have VRA, you'll need to select a Verasity wallet to securely store your tokens. Here are some recommended options that are popular among Korean users.

3. 3. Delegate Your VRA in South Korea

   We recommend using a staking pool when staking VRA. It’s more convenient and quicker to get started. A staking pool consists of a group of validators who combine their VRA, increasing their chances of validating transactions and earning rewards. You can easily manage 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 Verasity network. For these validations, you will be rewarded with VRA.

What to Keep in Mind

You should be aware of the transaction and staking pool fees that apply. Additionally, there may be a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time in the process.