How to Stake CANTO (CANTO) in Australia

Introduction

Staking CANTO can be a great option for those who want to hold CANTO while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.

Step-by-Step Guide

1. 1. Obtain CANTO (CANTO) Tokens

   To stake CANTO, you need to own it. To obtain CANTO, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Cost
   BingX	CANTO (CANTO)	0.01
   Bitget	CANTO (CANTO)	0.01
   CoinEx	CANTO (CANTO)	0
   Crypto.com	CANTO (CANTO)	0
   Gate.io	CANTO (CANTO)	0
   MEXC Global	CANTO (CANTO)	0.01

   See all 12 prices

2. 2. Choose a CANTO Wallet

   Once you have CANTO, you'll need to choose a CANTO wallet to store your tokens. Here are some great options.

   Platform	Coin	Staking returns
   Bitget	CANTO (CANTO)	Up to 5% % p.a.
   RockX	CANTO (CANTO)	Up to 5.47% % p.a.
   Stakewolle	CANTO (CANTO)	Up to 20% % p.a.
   Stakin	CANTO (CANTO)	Up to 0% % p.a.

   View all 7 staking rewards

3. 3. Delegate Your CANTO

   We recommend using a staking pool when staking CANTO. It's simpler and quicker to get started. A staking pool is a group of validators who combine their CANTO, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Begin Validation

   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 CANTO network. You'll be rewarded with CANTO for these validations.

What to Be Aware Of

There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.