How to Stake Archway (ARCH) in Canada

Introduction to Cryptocurrency in Canada

Staking Archway can be an excellent choice for Canadians looking to hold ARCH 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 Archway (ARCH) Tokens in Canada

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

   Platform	Coin	Cost
   CoinEx	Archway (ARCH)	0
   MEXC Global	Archway (ARCH)	0

   See all 4 prices in Canada

2. 2. Select a Archway Wallet in Canada

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

   Platform	Coin	Staking rewards in Canada
   Chainode Tech	Archway (ARCH)	Up to 16% APY in Canada
   Stakely.io	Archway (ARCH)	Up to 3.17% APY in Canada
   Stakin	Archway (ARCH)	Up to 15.03% APY in Canada

   See all 6 staking rewards in Canada

3. 3. Delegate Your ARCH in Canada

   We recommend using a staking pool when staking ARCH. It's simpler and faster to get started. A staking pool is a group of validators who combine their ARCH, 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 Archway network. You'll be rewarded with ARCH 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.