How to Stake Core (CORE) in Canada

Introduction to Cryptocurrency in Canada

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

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

   Platform	Coin	Cost
   OKX	Core (CORE)	0.43
   Bake	Core (CORE)	0.12
   Bitget	Core (CORE)	0.12
   Bitmart	Core (CORE)	0.12
   Bitpanda	Core (CORE)	1.1
   Bybit	Core (CORE)	0.12

   See all 20 prices in Canada

2. 2. Select a Core Wallet in Canada

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

   Platform	Coin	Staking rewards in Canada
   Bitget	Core (CORE)	Up to 16.8% APY in Canada
   Bitmart	Core (CORE)	Up to 1% APY in Canada
   Everstake	Core (CORE)	Up to 5.34% APY in Canada

   See all 7 staking rewards in Canada

3. 3. Delegate Your CORE in Canada

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