How to Stake Venus (XVS): A Step-by-Step Guide

Introduction

Staking Venus can be a great option for those who want to hold XVS 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. Obtain Venus (XVS) Tokens
In order to stake Venus, you need to have it. To obtain Venus, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Binance Venus (XVS) 5.34
Azbit Venus (XVS) 5.34
BingX Venus (XVS) 5.33
Bitpanda Venus (XVS) 9.32
Bybit Venus (XVS) 5.32
CoinEx Venus (XVS) 5.33
See all 28 prices
2. Choose a Venus Wallet
Once you have XVS, you’ll need to choose a Venus wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
Binance Venus (XVS) Up to 5.12% APY
3. Delegate Your XVS
We recommend using a staking pool when staking XVS. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their XVS, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
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 Venus network. You’ll be rewarded with XVS for these validations.

Platform	Coin	Price
Binance	Venus (XVS)	5.34
Azbit	Venus (XVS)	5.34
BingX	Venus (XVS)	5.33
Bitpanda	Venus (XVS)	9.32
Bybit	Venus (XVS)	5.32
CoinEx	Venus (XVS)	5.33

Platform	Coin	Staking rewards
Binance	Venus (XVS)	Up to 5.12% APY

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.