How to Stake aelf (ELF) in Vietnam

Introduction

Staking aelf is an excellent choice for those looking to hold ELF 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 aelf (ELF) Tokens

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

   Platform	Coin	Cost
   Binance	aelf (ELF)	0.23
   OKX	aelf (ELF)	0.25
   Uphold	aelf (ELF)	0.22
   Bake	aelf (ELF)	0.08
   BingX	aelf (ELF)	0.2
   Bitget	aelf (ELF)	0.11

   View all 25 prices

2. 2. Select a aelf Wallet

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

3. 3. Delegate Your ELF

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