How to Stake POL (ex-MATIC) (POL) in Vietnam

Introduction

Staking POL (ex-MATIC) is an excellent choice for those looking to hold POL 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 POL (ex-MATIC) (POL) Tokens

   To stake POL (ex-MATIC), you first need to acquire it. You can purchase POL (ex-MATIC) from various popular exchanges.

   Platform	Coin	Cost
   Nexo	POL (ex-MATIC) (POL)	0.11
   PrimeXBT	POL (ex-MATIC) (POL)	0.11
   YouHodler	POL (ex-MATIC) (POL)	0.11
   Binance	POL (ex-MATIC) (POL)	0.11
   BTSE	POL (ex-MATIC) (POL)	0.11
   Coinbase	POL (ex-MATIC) (POL)	0.11

   View all 63 prices

2. 2. Select a POL (ex-MATIC) Wallet

   Once you have POL, you'll need to select a POL (ex-MATIC) wallet to keep your tokens safe. Here are some great options.

   Platform	Coin	Staking benefits
   Uphold	POL (ex-MATIC) (POL)	Earn up to 3.2% APY
   Bake	POL (ex-MATIC) (POL)	Earn up to 4.5% APY
   Binance	POL (ex-MATIC) (POL)	Earn up to 2.24% APY
   Bitget	POL (ex-MATIC) (POL)	Earn up to 4% APY

   View all 18 staking rewards

3. 3. Delegate Your POL

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