How to Stake Wanchain (WAN) in Vietnam

Introduction

Staking Wanchain is an excellent choice for those looking to hold WAN 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 Wanchain (WAN) Tokens

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

   Platform	Coin	Cost
   Binance	Wanchain (WAN)	0.1
   Bitpanda	Wanchain (WAN)	0.22
   CoinEx	Wanchain (WAN)	0.1
   HTX	Wanchain (WAN)	0.09
   Kucoin	Wanchain (WAN)	0.09

   View all 9 prices

2. 2. Select a Wanchain Wallet

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

   Platform	Coin	Staking benefits
   Kucoin	Wanchain (WAN)	Earn up to 2.3% APY
   MyCointainer	Wanchain (WAN)	Earn up to 7.1% APY

3. 3. Delegate Your WAN

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