How to Stake MultiversX (EGLD) in Vietnam

Introduction

Staking MultiversX is an excellent choice for those looking to hold EGLD 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 MultiversX (EGLD) Tokens

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

   Platform	Coin	Cost
   PrimeXBT	MultiversX (EGLD)	6.21
   YouHodler	MultiversX (EGLD)	6.21
   Binance	MultiversX (EGLD)	6.21
   BTSE	MultiversX (EGLD)	6.22
   Coinbase	MultiversX (EGLD)	6.21
   Kraken	MultiversX (EGLD)	6.26

   View all 53 prices

2. 2. Select a MultiversX Wallet

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

   Platform	Coin	Staking benefits
   Atomic Wallet	MultiversX (EGLD)	Earn up to 9.4% APY
   Binance	MultiversX (EGLD)	Earn up to 3.1% APY
   Bitget	MultiversX (EGLD)	Earn up to 8.5% APY

   View all 13 staking rewards

3. 3. Delegate Your EGLD

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