How to Stake Audius (AUDIO) in Canada

Introduction to Cryptocurrency in Canada

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

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

   Platform	Coin	Cost
   Binance	Audius (AUDIO)	0.03
   Uphold	Audius (AUDIO)	0.07
   Bake	Audius (AUDIO)	0.03
   BingX	Audius (AUDIO)	0.03
   Bitget	Audius (AUDIO)	0.03
   Bitmart	Audius (AUDIO)	0.06

   See all 33 prices in Canada

2. 2. Select a Audius Wallet in Canada

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

   Platform	Coin	Staking rewards in Canada
   Bitpanda	Audius (AUDIO)	Up to 15% APY in Canada

3. 3. Delegate Your AUDIO in Canada

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