How to Stake Acala (ACA) in Vietnam

Introduction

Staking Acala is an excellent choice for those looking to hold ACA 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 Acala (ACA) Tokens

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

   Platform	Coin	Cost
   Binance	Acala (ACA)	0.01
   Kraken	Acala (ACA)	0.01
   OKX	Acala (ACA)	0.04
   BingX	Acala (ACA)	0.01
   Bitget	Acala (ACA)	0.01
   Bitmart	Acala (ACA)	0.03

   View all 26 prices

2. 2. Select a Acala Wallet

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

   Platform	Coin	Staking benefits
   Binance	Acala (ACA)	Earn up to 11.2% APY
   Bitget	Acala (ACA)	Earn up to 10% APY

3. 3. Delegate Your ACA

   We suggest using a staking pool for staking ACA. It's easier and quicker to start. A staking pool consists of validators who pool their ACA, 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 Acala network. You will be rewarded with ACA 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.