How to Stake Chromia (CHR) in Vietnam

Introduction

Staking Chromia is an excellent choice for those looking to hold CHR 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 Chromia (CHR) Tokens

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

   Platform	Coin	Cost
   PrimeXBT	Chromia (CHR)	0.07
   Binance	Chromia (CHR)	0.07
   Uphold	Chromia (CHR)	0.09
   BingX	Chromia (CHR)	0.07
   Bitget	Chromia (CHR)	0.07
   Bitmart	Chromia (CHR)	0.08

   View all 25 prices

2. 2. Select a Chromia Wallet

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

   Platform	Coin	Staking benefits
   Binance	Chromia (CHR)	Earn up to 2.4% APY

   View all 4 staking rewards

3. 3. Delegate Your CHR

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