How to Stake 1inch (1INCH) in Vietnam

Introduction

Staking 1inch is an excellent choice for those looking to hold 1INCH while earning yield securely and supporting the network. The process may seem overwhelming, especially for first-timers. That's why we've created this guide to help you through it.

Comprehensive Guide

1. 1. Acquire 1inch (1INCH) Tokens

   To stake 1inch, you first need to acquire it. You can purchase 1inch from various popular exchanges.

   Platform	Coin	Cost
   Nexo	1inch (1INCH)	0.16
   PrimeXBT	1inch (1INCH)	0.16
   YouHodler	1inch (1INCH)	0.16
   Binance	1inch (1INCH)	0.16
   BTSE	1inch (1INCH)	0.16
   Coinbase	1inch (1INCH)	0.16

   View all 61 prices

2. 2. Select a 1inch Wallet

   Once you have 1INCH, you'll need to select a 1inch wallet to keep your tokens safe. Here are some great options.

   Platform	Coin	Staking benefits
   Binance	1inch (1INCH)	Earn up to 0.2% APY

3. 3. Delegate Your 1INCH

   We suggest using a staking pool for staking 1INCH. It's easier and quicker to start. A staking pool consists of validators who pool their 1INCH, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.

4. 4. Begin Validation

   You will need to wait for your deposit to be confirmed by your wallet. Once confirmed, you will automatically validate transactions on the 1inch network. You will be rewarded with 1INCH for these validations.

Key Considerations

Consider the transaction and staking pool fees. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, which can take some time.