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Where and How to Stake Velas (VLX)

Earn up to
8.70 APY

Stake with MyCointainer

What you'll learn

  1. 1

    How to Stake Velas (VLX)

    An in-depth guide on how to stake Velas (VLX)

  2. 2

    Statistics about Velas Staking

    We have a lot of data on staking Velas (VLX) and we share some of this with you.

  3. 3

    Other coins you can Stake

    We show you some staking options with other coins that could be of interest.

Introduction

Staking Velas can be a great option for those who want to hold VLX 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 Velas (VLX) Tokens

    In order to stake Velas, you need to have it. To obtain Velas, you'll need to purchase it. You can choose from these popular exchanges.

  2. 2. Choose a Velas Wallet

    Once you have VLX, you’ll need to choose a Velas wallet to store your tokens. Here are some good options.

    PlatformCoinStaking rewards
    MyCointainerVelas (VLX)Up to 8.70 APY
  3. 3. Delegate Your VLX

    We recommend using a staking pool when staking VLX. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their VLX, 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 Velas network. You’ll be rewarded with VLX 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.

Latest Movements

Velas (VLX) is currently priced at $8.70 with a 24-hour trading volume of $526.79K. The market cap of Velas stands at $22.73M, with $2.64B VLX in circulation. For those looking to buy or trade Velas, MyCointainer offers avenues to do so securely and efficiently}

Market cap
$22.73M
24h volume
$526.79K
Circulating supply
$2.64B
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