Introduction to Cryptocurrency in Canada

Staking Alchemy Pay can be an excellent choice for Canadians looking to hold ACH while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.

Step-by-Step Guide for Canadians

1. 1. Acquire Alchemy Pay (ACH) Tokens in Canada

   To stake Alchemy Pay, you first need to acquire it. To obtain Alchemy Pay, you'll need to purchase it from one of these popular Canadian exchanges.

   Platform	Coin	Cost
   Binance	Alchemy Pay (ACH)	0.01
   BTSE	Alchemy Pay (ACH)	0.01
   Coinbase	Alchemy Pay (ACH)	0.01
   Kraken	Alchemy Pay (ACH)	0.01
   OKX	Alchemy Pay (ACH)	0.01
   Uphold	Alchemy Pay (ACH)	0.02

   See all 45 prices in Canada

2. 2. Select a Alchemy Pay Wallet in Canada

   Once you have ACH, you'll need to choose a Alchemy Pay wallet to store your tokens. Here are some great options available in Canada.

3. 3. Delegate Your ACH in Canada

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

4. 4. Start Validating

   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 Alchemy Pay network. You'll be rewarded with ACH for these validations.

What Canadians Should Be Aware Of

In Canada, it's important to consider 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.