How to Stake Moonbeam (GLMR) in Vietnam

Introduction

Staking Moonbeam is an excellent choice for those looking to hold GLMR 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 Moonbeam (GLMR) Tokens

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

   Platform	Coin	Cost
   Uphold	Moonbeam (GLMR)	0.08
   Kraken	Moonbeam (GLMR)	0.07
   OKX	Moonbeam (GLMR)	0.09
   Binance	Moonbeam (GLMR)	0.07
   BTSE	Moonbeam (GLMR)	0.07
   BingX	Moonbeam (GLMR)	0.07

   View all 39 prices

2. 2. Select a Moonbeam Wallet

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

   Platform	Coin	Staking benefits
   Binance	Moonbeam (GLMR)	Earn up to 7.1% APY
   Bitpanda	Moonbeam (GLMR)	Earn up to 5% APY
   BTSE	Moonbeam (GLMR)	Earn up to 2.4% APY

   View all 9 staking rewards

3. 3. Delegate Your GLMR

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