How to Stake Shiba Inu (SHIB) in Vietnam

Introduction

Staking Shiba Inu is an excellent choice for those looking to hold SHIB 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 Shiba Inu (SHIB) Tokens

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

   Platform	Coin	Cost
   YouHodler	Shiba Inu (SHIB)	0.000007137
   Binance	Shiba Inu (SHIB)	0.00000713
   BTSE	Shiba Inu (SHIB)	0.00000714
   OKX	Shiba Inu (SHIB)	0.00001234
   Uphold	Shiba Inu (SHIB)	0.00001307
   Bake	Shiba Inu (SHIB)	0.00000712

   View all 42 prices

2. 2. Select a Shiba Inu Wallet

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

   Platform	Coin	Staking benefits
   YouHodler	Shiba Inu (SHIB)	Earn up to 15% APY

3. 3. Delegate Your SHIB

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