How to Stake Solana (SOL) in Vietnam

Introduction

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

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

   Platform	Coin	Cost
   Nexo	Solana (SOL)	126.91
   PrimeXBT	Solana (SOL)	126.89
   EarnPark	Solana (SOL)	127.1
   YouHodler	Solana (SOL)	126.98
   Binance	Solana (SOL)	126.98
   BTSE	Solana (SOL)	126.99

   View all 84 prices

2. 2. Select a Solana Wallet

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

   Platform	Coin	Staking benefits
   YouHodler	Solana (SOL)	Earn up to 13% APY
   Uphold	Solana (SOL)	Earn up to 5.8% APY
   Validator.com	Solana (SOL)	Earn up to 8.62% APY
   Bake	Solana (SOL)	Earn up to 5.25% APY
   Binance	Solana (SOL)	Earn up to 5.1% APY

   View all 41 staking rewards

3. 3. Delegate Your SOL

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