Earn up to
8% APY in Canada
An in-depth guide on how to stake Aleph Zero (AZERO) in Canada
We have a wealth of information on staking Aleph Zero (AZERO) and we're excited to share some of this with you.
We present you with various staking options featuring other cryptocurrencies that may pique your interest.
Aleph Zero (AZERO) is currently priced at US$12.05 with a 24-hour trading volume of US$1.1M. The market cap of Aleph Zero stands at US$90.09M, with 302.31M AZERO in circulation. For those looking to buy or trade Aleph Zero, Bitpanda offers avenues to do so securely and efficiently}
Staking Aleph Zero can be an excellent choice for Canadians looking to hold AZERO 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.
To stake Aleph Zero, you first need to acquire it. To obtain Aleph Zero, you'll need to purchase it from one of these popular Canadian exchanges.
Once you have AZERO, you'll need to choose a Aleph Zero wallet to store your tokens. Here are some great options available in Canada.
| Platform | Coin | Staking rewards in Canada |
|---|---|---|
| Bitpanda | Aleph Zero (AZERO) | Up to 8% APY in Canada |
| MyCointainer | Aleph Zero (AZERO) | Up to 12.05% APY in Canada |
We recommend using a staking pool when staking AZERO. It's simpler and faster to get started. A staking pool is a group of validators who combine their AZERO, which increases their chances of validating transactions and earning rewards. You can do 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 Aleph Zero network. You'll be rewarded with AZERO for these validations.
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.
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