How to Stake Chainlink (LINK) in Vietnam

Introduction

Staking Chainlink is an excellent choice for those looking to hold LINK 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 Chainlink (LINK) Tokens

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

   Platform	Coin	Cost
   Nexo	Chainlink (LINK)	12.77
   PrimeXBT	Chainlink (LINK)	12.73
   YouHodler	Chainlink (LINK)	12.74
   Binance	Chainlink (LINK)	12.74
   BTSE	Chainlink (LINK)	12.73

   View all 73 prices

2. 2. Select a Chainlink Wallet

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

   Platform	Coin	Staking benefits
   YouHodler	Chainlink (LINK)	Earn up to 9% APY

3. 3. Delegate Your LINK

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