How to Stake LikeCoin (LIKE) in Vietnam

Introduction

Staking LikeCoin is an excellent choice for those looking to hold LIKE 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 LikeCoin (LIKE) Tokens

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

   Platform	Coin	Cost
   Kucoin	LikeCoin (LIKE)	0

2. 2. Select a LikeCoin Wallet

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

   Platform	Coin	Staking benefits
   Stakin	LikeCoin (LIKE)	Earn up to 0% APY

3. 3. Delegate Your LIKE

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