How to Stake BitSong (BTSG) in Vietnam

Introduction

Staking BitSong is an excellent choice for those looking to hold BTSG 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 BitSong (BTSG) Tokens

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

2. 2. Select a BitSong Wallet

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

   Platform	Coin	Staking benefits
   Stakewolle	BitSong (BTSG)	Earn up to 32.19% APY

3. 3. Delegate Your BTSG

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