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guide-how-to-stake-vet.md

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Guide: How to stake VET

🏁1. Prerequisites

In order to stake, VET must be stored on a local wallet, where you control the seed/private keys.

{% hint style="info" %} Remember, it's best practice to always withdraw coins from an Exchange. {% endhint %}

🌜 2. Download and use a compatible wallet

{% content-ref url="../../wallets/desktop-wallets/sync-vechain.md" %} sync-vechain.md {% endcontent-ref %}

{% content-ref url="../../wallets/mobile-wallets/vechainthor-wallet-vet.md" %} vechainthor-wallet-vet.md {% endcontent-ref %}

🔥 3. Stake your VET

{% hint style="info" %} Staking VET means generating VTHO. It's easy to stake because holding VET in your own wallet is the only requirement. {% endhint %}

  1. Open Vechain wallet
  2. Copy your VET address
  3. Send or withdraw VET from exchange or other wallet to your VET address

Sync wallet with public address 0xfed657...

{% hint style="success" %} :sparkles: Now you're staking VET and earning VTHO every 10 seconds. {% endhint %}