Where and How to Stake Vertex Protocol (VRTX)

Introduction

Staking Vertex Protocol can be a great option for those who want to hold VRTX 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 Vertex Protocol (VRTX) Tokens

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

   Platform	Coin	Price
   Bitmart	Vertex Protocol (VRTX)	0.06
   MEXC Global	Vertex Protocol (VRTX)	0.06
   BingX	Vertex Protocol (VRTX)	0.06
   Bitget	Vertex Protocol (VRTX)	0.06
   Kucoin	Vertex Protocol (VRTX)	0.06
   Bybit	Vertex Protocol (VRTX)	0.06

   See all 7 prices

2. 2. Choose a Vertex Protocol Wallet

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

   Platform	Coin	Staking rewards
   Bitmart	Vertex Protocol (VRTX)	Up to 1.00 APY

3. 3. Delegate Your VRTX

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