How to Stake DeFiChain (DFI) in Vietnam

Introduction

Staking DeFiChain is an excellent choice for those looking to hold DFI 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 DeFiChain (DFI) Tokens

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

   Platform	Coin	Cost
   Bake	DeFiChain (DFI)	0.0009027
   Bitget	DeFiChain (DFI)	0.03
   CoinEx	DeFiChain (DFI)	0
   Gate.io	DeFiChain (DFI)	0.000817
   HTX	DeFiChain (DFI)	0
   MEXC Global	DeFiChain (DFI)	0.000857

   View all 11 prices

2. 2. Select a DeFiChain Wallet

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

   Platform	Coin	Staking benefits
   Bake	DeFiChain (DFI)	Earn up to 2.04% APY

3. 3. Delegate Your DFI

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