How to Stake Avalanche (AVAX) in Vietnam

Introduction

Staking Avalanche is an excellent choice for those looking to hold AVAX 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 Avalanche (AVAX) Tokens

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

   Platform	Coin	Cost
   Nexo	Avalanche (AVAX)	12.37
   PrimeXBT	Avalanche (AVAX)	12.36
   EarnPark	Avalanche (AVAX)	12.31
   YouHodler	Avalanche (AVAX)	12.38
   Binance	Avalanche (AVAX)	12.37
   BTSE	Avalanche (AVAX)	12.37

   View all 81 prices

2. 2. Select a Avalanche Wallet

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

   Platform	Coin	Staking benefits
   YouHodler	Avalanche (AVAX)	Earn up to 13% APY
   Uphold	Avalanche (AVAX)	Earn up to 3% APY
   Ankr	Avalanche (AVAX)	Earn up to 5.09% APY
   Binance	Avalanche (AVAX)	Earn up to 5% APY

   View all 30 staking rewards

3. 3. Delegate Your AVAX

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