How to Stake Venus (XVS) in Vietnam

Introduction

Staking Venus is an excellent choice for those looking to hold XVS 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 Venus (XVS) Tokens

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

   Platform	Coin	Cost
   Binance	Venus (XVS)	6.43
   Azbit	Venus (XVS)	6.43
   BingX	Venus (XVS)	6.42
   Bitpanda	Venus (XVS)	9.32
   Bybit	Venus (XVS)	6.43
   CoinEx	Venus (XVS)	6.44

   View all 28 prices

2. 2. Select a Venus Wallet

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

   Platform	Coin	Staking benefits
   Binance	Venus (XVS)	Earn up to 11.2% APY

3. 3. Delegate Your XVS

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