How to Stake Cosmos Hub (ATOM) in Canada

Introduction to Cryptocurrency in Canada

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.

Step-by-Step Guide for Canadians

1. 1. Acquire Cosmos Hub (ATOM) Tokens in Canada

   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.

   Platform	Coin	Cost
   Nexo	Cosmos Hub (ATOM)	1.99
   PrimeXBT	Cosmos Hub (ATOM)	1.99
   YouHodler	Cosmos Hub (ATOM)	1.99
   Binance	Cosmos Hub (ATOM)	1.99
   BTSE	Cosmos Hub (ATOM)	1.99
   Coinbase	Cosmos Hub (ATOM)	1.99

   See all 69 prices in Canada

2. 2. Select a Cosmos Hub Wallet in Canada

   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 10.5% APY in Canada
   Bitget	Cosmos Hub (ATOM)	Up to 17% APY in Canada

   See all 33 staking rewards in Canada

3. 3. Delegate Your ATOM 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.

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 Cosmos Hub network. You'll be rewarded with ATOM 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.