Earn up to
5,9% APY
A comprehensive guide on how to stake Victory Impact (VIC)
We have a wealth of information on staking Victory Impact (VIC) and we're excited to share some of this with you.
We present some staking options with other cryptocurrencies that may pique your interest.
Victory Impact (VIC) is currently priced at US$5,9 with a 24-hour trading volume of US$526,79. For those looking to buy or trade Victory Impact, Binance offers avenues to do so securely and efficiently
Staking Victory Impact can be an excellent choice for those looking to hold VIC 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 Victory Impact, you first need to acquire it. To obtain Victory Impact, you'll need to buy it. You can select from these popular exchanges available in South Africa.
Once you have VIC, you'll need to choose a Victory Impact wallet to store your tokens securely. Here are some solid options to consider.
| Platform | Mint | Staking rewards in South Africa |
|---|---|---|
| Binance | Victory Impact (VIC) | Up to 5,9% APY |
We recommend using a staking pool when staking VIC. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their VIC, 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 Victory Impact network. You'll be rewarded with VIC 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.
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