How to Stake IRISnet (IRIS) in Vietnam

Introduction

Staking IRISnet is an excellent choice for those looking to hold IRIS 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 IRISnet (IRIS) Tokens

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

   Platform	Coin	Cost
   Binance	IRISnet (IRIS)	0.01
   Bitpanda	IRISnet (IRIS)	0.01
   CoinEx	IRISnet (IRIS)	0.000516
   Crypto.com	IRISnet (IRIS)	0.01
   Gate.io	IRISnet (IRIS)	0.0005151

   View all 7 prices

2. 2. Select a IRISnet Wallet

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

   Platform	Coin	Staking benefits
   Moonstake	IRISnet (IRIS)	Earn up to 6.83% APY
   Stakewolle	IRISnet (IRIS)	Earn up to 9.83% APY
   Stakin	IRISnet (IRIS)	Earn up to 11.78% APY

   View all 6 staking rewards

3. 3. Delegate Your IRIS

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