Latest Movements in Canada
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- Market capitalization
- US$100.23B
- 24h trading volume
- US$1.09B
- Circulating supply in Canada
- 145.89M BNB
Earn up to
7% APY in Canada
An in-depth guide on how to stake BNB (BNB) in Canada
We have a wealth of information on staking BNB (BNB) 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.
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Staking BNB can be an excellent choice for Canadians looking to hold BNB 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 BNB, you first need to acquire it. To obtain BNB, you'll need to purchase it from one of these popular Canadian exchanges.
Once you have BNB, you'll need to choose a BNB wallet to store your tokens. Here are some great options available in Canada.
| Platform | Coin | Staking rewards in Canada |
|---|---|---|
| YouHodler | BNB (BNB) | Up to 7% APY in Canada |
| Ankr | BNB (BNB) | Up to 0.67% APY in Canada |
| Atomic Wallet | BNB (BNB) | Up to 5% APY in Canada |
| Binance | BNB (BNB) | Up to 0.32% APY in Canada |
We recommend using a staking pool when staking BNB. It's simpler and faster to get started. A staking pool is a group of validators who combine their BNB, 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 BNB network. You'll be rewarded with BNB 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.