How to Stake Cudos (CUDOS) in Vietnam

Introduction

Staking Cudos is an excellent choice for those looking to hold CUDOS 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 Cudos (CUDOS) Tokens

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

   Platform	Coin	Cost
   Gate.io	Cudos (CUDOS)	0.01
   Kucoin	Cudos (CUDOS)	0.01

2. 2. Select a Cudos Wallet

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

   Platform	Coin	Staking benefits
   MyCointainer	Cudos (CUDOS)	Earn up to 9.23% APY
   Valid Blocks	Cudos (CUDOS)	Earn up to 6.86% APY

3. 3. Delegate Your CUDOS

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