Introduction to Cryptocurrency in Canada

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

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

   Platform	Coin	Cost
   PrimeXBT	Bounce (AUCTION)	5.36
   Binance	Bounce (AUCTION)	5.37
   BTSE	Bounce (AUCTION)	5.37
   Coinbase	Bounce (AUCTION)	5.37
   Kraken	Bounce (AUCTION)	5.4
   OKX	Bounce (AUCTION)	20.05

   See all 43 prices in Canada

2. 2. Select a Bounce Wallet in Canada

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

3. 3. Delegate Your AUCTION in Canada

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