Introduction to Cryptocurrency in Canada
Staking Blur can be an excellent choice for Canadians looking to hold BLUR 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. Acquire Blur (BLUR) Tokens in Canada
To stake Blur, you first need to acquire it. To obtain Blur, you'll need to purchase it from one of these popular Canadian exchanges.
See all 55 prices in CanadaPlatform Coin Cost PrimeXBT Blur (BLUR) 0.03 Binance Blur (BLUR) 0.03 BTSE Blur (BLUR) 0.03 Coinbase Blur (BLUR) 0.03 Kraken Blur (BLUR) 0.03 OKX Blur (BLUR) 0.08 2. Select a Blur Wallet in Canada
Once you have BLUR, you'll need to choose a Blur wallet to store your tokens. Here are some great options available in Canada.
3. Delegate Your BLUR in Canada
We recommend using a staking pool when staking BLUR. It's simpler and faster to get started. A staking pool is a group of validators who combine their BLUR, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Blur network. You'll be rewarded with BLUR 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.
Latest Movements in Canada
- Market capitalization
- US$481.27M
- 24h trading volume
- US$57.76M
- Circulating supply in Canada
- 2.13B BLUR
