How to Stake Binance-Peg NEAR Protocol (NEAR) in Canada

Introduction to Cryptocurrency in Canada

Staking Binance-Peg NEAR Protocol can be an excellent choice for Canadians looking to hold NEAR 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 Binance-Peg NEAR Protocol (NEAR) Tokens in Canada

   To stake Binance-Peg NEAR Protocol, you first need to acquire it. To obtain Binance-Peg NEAR Protocol, you'll need to purchase it from one of these popular Canadian exchanges.

   Platform	Coin	Cost
   Coinbase	Binance-Peg NEAR Protocol (NEAR)	1.71
   Kraken	Binance-Peg NEAR Protocol (NEAR)	1.7
   Azbit	Binance-Peg NEAR Protocol (NEAR)	1.71
   CoinEx	Binance-Peg NEAR Protocol (NEAR)	1.71
   Kucoin	Binance-Peg NEAR Protocol (NEAR)	1.71
   Klink	Binance-Peg NEAR Protocol (NEAR)	2.36

   See all 12 prices in Canada

2. 2. Select a Binance-Peg NEAR Protocol Wallet in Canada

   Once you have NEAR, you'll need to choose a Binance-Peg NEAR Protocol wallet to store your tokens. Here are some great options available in Canada.

   Platform	Coin	Staking rewards in Canada
   Kucoin	Binance-Peg NEAR Protocol (NEAR)	Up to 6% APY in Canada

3. 3. Delegate Your NEAR in Canada

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