Introduction to Cryptocurrency in Canada
Staking CANTO can be an excellent choice for Canadians looking to hold CANTO 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 CANTO (CANTO) Tokens in Canada
To stake CANTO, you first need to acquire it. To obtain CANTO, you'll need to purchase it from one of these popular Canadian exchanges.
2. Select a CANTO Wallet in Canada
Once you have CANTO, you'll need to choose a CANTO wallet to store your tokens. Here are some great options available in Canada.
See all 7 staking rewards in CanadaPlatform Coin Staking rewards in Canada Bitget CANTO (CANTO) Up to 5% APY in Canada RockX CANTO (CANTO) Up to 5.47% APY in Canada Stakewolle CANTO (CANTO) Up to 20% APY in Canada Stakin CANTO (CANTO) Up to 0% APY in Canada 3. Delegate Your CANTO in Canada
We recommend using a staking pool when staking CANTO. It's simpler and faster to get started. A staking pool is a group of validators who combine their CANTO, 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 CANTO network. You'll be rewarded with CANTO 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
missing en-ca translation: common.latest-movements-copy
- Market capitalization
- US$12.6M
- 24h trading volume
- US$395,912
- Circulating supply in Canada
- 608.47M CANTO
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