How to Stake Ethena (ENA) in Vietnam

Introduction

Staking Ethena is an excellent choice for those looking to hold ENA 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 Ethena (ENA) Tokens

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

   Platform	Coin	Cost
   PrimeXBT	Ethena (ENA)	0.2
   YouHodler	Ethena (ENA)	0.2
   Binance	Ethena (ENA)	0.2
   BTSE	Ethena (ENA)	0.2
   Coinbase	Ethena (ENA)	0.2
   Kraken	Ethena (ENA)	0.2

   View all 55 prices

2. 2. Select a Ethena Wallet

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

   Platform	Coin	Staking benefits
   YouHodler	Ethena (ENA)	Earn up to 15% APY

3. 3. Delegate Your ENA

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