How to Stake Polygon (MATIC) in Vietnam

Introduction

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

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

   Platform	Coin	Cost
   Binance	Polygon (MATIC)	0.38
   Coinbase	Polygon (MATIC)	0.25
   Kraken	Polygon (MATIC)	0.23
   Luno	Polygon (MATIC)	0.6
   BingX	Polygon (MATIC)	0.37

   View all 23 prices

2. 2. Select a Polygon Wallet

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

   Platform	Coin	Staking benefits
   Ankr	Polygon (MATIC)	Earn up to 2.65% APY
   Atomic Wallet	Polygon (MATIC)	Earn up to 4.2% APY
   Bitpanda	Polygon (MATIC)	Earn up to 5% APY

   View all 17 staking rewards

3. 3. Delegate Your MATIC

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