How to Stake Stox (STX) in Vietnam

Introduction

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

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

   Platform	Coin	Cost
   YouHodler	Stox (STX)	0.26
   Binance	Stox (STX)	0.26
   Coinbase	Stox (STX)	0.26
   Kraken	Stox (STX)	0.26
   OKX	Stox (STX)	0.65
   Bake	Stox (STX)	0.26

   View all 32 prices

2. 2. Select a Stox Wallet

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

   Platform	Coin	Staking benefits
   Binance	Stox (STX)	Earn up to 5% APY
   Kucoin	Stox (STX)	Earn up to 4% APY

   View all 4 staking rewards

3. 3. Delegate Your STX

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