How to Stake Terra (LUNA) in Vietnam

Introduction

Staking Terra is an excellent choice for those looking to hold LUNA 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 Terra (LUNA) Tokens

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

   Platform	Coin	Cost
   YouHodler	Terra (LUNA)	0.15
   Binance	Terra (LUNA)	0.15
   BTSE	Terra (LUNA)	0.15
   Kraken	Terra (LUNA)	0.15
   OKX	Terra (LUNA)	0.15
   BingX	Terra (LUNA)	0.15

   View all 39 prices

2. 2. Select a Terra Wallet

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

3. 3. Delegate Your LUNA

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