Latest Movements in the Market
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- Market capitalisation
- US$3,6B
- 24-hour trading volume
- US$64,81M
- Circulating supply
- 80,99B VET
Earn up to
1,63% APY
A comprehensive guide on how to stake VeChain (VET)
We have a wealth of information on staking VeChain (VET) and we're excited to share some of this with you.
We present some staking options with other cryptocurrencies that may pique your interest.
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Staking VeChain can be an excellent choice for those looking to hold VET while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.
To stake VeChain, you first need to acquire it. To obtain VeChain, you'll need to buy it. You can select from these popular exchanges available in South Africa.
| Platform | Mint | Cost |
|---|---|---|
| Nexo | VeChain (VET) | 0,01 |
| PrimeXBT | VeChain (VET) | 0,01 |
| YouHodler | VeChain (VET) | 0,01 |
| Binance | VeChain (VET) | 0,01 |
| Coinbase | VeChain (VET) | 0,01 |
| Uphold | VeChain (VET) | 0,02 |
Once you have VET, you'll need to choose a VeChain wallet to store your tokens securely. Here are some solid options to consider.
| Platform | Mint | Staking rewards in South Africa |
|---|---|---|
| Atomic Wallet | VeChain (VET) | Up to 1,63% APY |
| Binance | VeChain (VET) | Up to 1% APY |
We recommend using a staking pool when staking VET. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their VET, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.
You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the VeChain network. You'll be rewarded with VET for these validations.
There are transaction and staking pool fees you need to take into account. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this process can take some time.