Earn up to
12% APY in Canada
An in-depth guide on how to stake Cosmos Hub (ATOM) in Canada
We have a wealth of information on staking Cosmos Hub (ATOM) 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.
Cosmos Hub (ATOM) is currently priced at US$12 with a 24-hour trading volume of US$184.61M. The market cap of Cosmos Hub stands at US$2.52B, with 390.69M ATOM in circulation. For those looking to buy or trade Cosmos Hub, YouHodler offers avenues to do so securely and efficiently
Staking Cosmos Hub can be an excellent choice for Canadians looking to hold ATOM 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 Cosmos Hub, you first need to acquire it. To obtain Cosmos Hub, you'll need to purchase it from one of these popular Canadian exchanges.
Once you have ATOM, you'll need to choose a Cosmos Hub wallet to store your tokens. Here are some great options available in Canada.
| Platform | Coin | Staking rewards in Canada |
|---|---|---|
| YouHodler | Cosmos Hub (ATOM) | Up to 12% APY in Canada |
| Uphold | Cosmos Hub (ATOM) | Up to 15% APY in Canada |
| Bake | Cosmos Hub (ATOM) | Up to 12% APY in Canada |
| Binance | Cosmos Hub (ATOM) | Up to 12.5% APY in Canada |
| Bitget | Cosmos Hub (ATOM) | Up to 17% APY in Canada |
We recommend using a staking pool when staking ATOM. It's simpler and faster to get started. A staking pool is a group of validators who combine their ATOM, 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 Cosmos Hub network. You'll be rewarded with ATOM 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.
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