How to Stake Akash Network (AKT) in Vietnam

Introduction

Staking Akash Network is an excellent choice for those looking to hold AKT 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 Akash Network (AKT) Tokens

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

   Platform	Coin	Cost
   Coinbase	Akash Network (AKT)	0.37
   Uphold	Akash Network (AKT)	1.38
   Bake	Akash Network (AKT)	0.37
   BingX	Akash Network (AKT)	0.37
   Bitmart	Akash Network (AKT)	0.37
   Bitpanda	Akash Network (AKT)	4.24

   View all 27 prices

2. 2. Select a Akash Network Wallet

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

   Platform	Coin	Staking benefits
   Bitpanda	Akash Network (AKT)	Earn up to 10% APY
   Chainode Tech	Akash Network (AKT)	Earn up to 9.8% APY

   View all 9 staking rewards

3. 3. Delegate Your AKT

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