How to Stake ICON (ICX) in Vietnam

Introduction

Staking ICON is an excellent choice for those looking to hold ICX 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 ICON (ICX) Tokens

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

   Platform	Coin	Cost
   Binance	ICON (ICX)	0.12
   OKX	ICON (ICX)	0.11
   Uphold	ICON (ICX)	0.11
   BingX	ICON (ICX)	0.13
   Bitget	ICON (ICX)	0.12
   Bitpanda	ICON (ICX)	0.21

   View all 27 prices

2. 2. Select a ICON Wallet

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

   Platform	Coin	Staking benefits
   Binance	ICON (ICX)	Earn up to 3.19% APY
   Everstake	ICON (ICX)	Earn up to 8.8% APY

   View all 6 staking rewards

3. 3. Delegate Your ICX

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