How to Stake Fantom (FTM) in Vietnam

Introduction

Staking Fantom is an excellent choice for those looking to hold FTM 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 Fantom (FTM) Tokens

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

   Platform	Coin	Cost
   Nexo	Fantom (FTM)	0.47
   PrimeXBT	Fantom (FTM)	0.68
   YouHodler	Fantom (FTM)	0.7
   Uphold	Fantom (FTM)	0.68
   Kraken	Fantom (FTM)	0.57
   OKX	Fantom (FTM)	0.69

   View all 43 prices

2. 2. Select a Fantom Wallet

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

   Platform	Coin	Staking benefits
   Ankr	Fantom (FTM)	Earn up to 3.59% APY
   Binance	Fantom (FTM)	Earn up to 0.59% APY

   View all 10 staking rewards

3. 3. Delegate Your FTM

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