How to Stake NEO (NEO) in Vietnam

Introduction

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

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

   Platform	Coin	Cost
   PrimeXBT	NEO (NEO)	3.54
   Binance	NEO (NEO)	3.54
   OKX	NEO (NEO)	3.55
   Uphold	NEO (NEO)	7.18
   BingX	NEO (NEO)	3.54
   Bitfinex	NEO (NEO)	3.53

   View all 34 prices

2. 2. Select a NEO Wallet

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

   Platform	Coin	Staking benefits
   Binance	NEO (NEO)	Earn up to 3.39% APY

3. 3. Delegate Your NEO

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