How to Stake Medibloc (MED) in Vietnam

Introduction

Staking Medibloc is an excellent choice for those looking to hold MED 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 Medibloc (MED) Tokens

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

   Platform	Coin	Cost
   Gate.io	Medibloc (MED)	0

2. 2. Select a Medibloc Wallet

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

   Platform	Coin	Staking benefits
   Stakewolle	Medibloc (MED)	Earn up to 40.46% APY

3. 3. Delegate Your MED

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