Introduction to Cryptocurrency in Canada
Staking Casper Network can be an excellent choice for Canadians looking to hold CSPR 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 Casper Network (CSPR) Tokens in Canada
To stake Casper Network, you first need to acquire it. To obtain Casper Network, you'll need to purchase it from one of these popular Canadian exchanges.
2. Select a Casper Network Wallet in Canada
Once you have CSPR, you'll need to choose a Casper Network wallet to store your tokens. Here are some great options available in Canada.
See all 6 staking rewards in CanadaPlatform Coin Staking rewards in Canada Uphold Casper Network (CSPR) Up to 9.93% APY in Canada Bitpanda Casper Network (CSPR) Up to 8% APY in Canada Everstake Casper Network (CSPR) Up to 15.38% APY in Canada 3. Delegate Your CSPR in Canada
We recommend using a staking pool when staking CSPR. It's simpler and faster to get started. A staking pool is a group of validators who combine their CSPR, 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 Casper Network network. You'll be rewarded with CSPR 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
Casper Network (CSPR) is currently priced at US$9.93 with a 24-hour trading volume of US$8.75M. The market cap of Casper Network stands at US$189.16M, with 12.75B CSPR in circulation. For those looking to buy or trade Casper Network, Uphold offers avenues to do so securely and efficiently
- Market capitalization
- US$189.16M
- 24h trading volume
- US$8.75M
- Circulating supply in Canada
- 12.75B CSPR