How to Stake Helium (HNT): A Step-by-Step Guide for Canadians

Introduction to Cryptocurrency in Canada

Staking Helium can be an excellent choice for Canadians looking to hold HNT 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 Helium (HNT) Tokens in Canada
To stake Helium, you first need to acquire it. To obtain Helium, you'll need to purchase it from one of these popular Canadian exchanges.
Platform Coin Cost
Binance Helium (HNT) 4.67
Coinbase Helium (HNT) 1.51
Kraken Helium (HNT) 1.51
Uphold Helium (HNT) 3.2
Azbit Helium (HNT) 1.51
Bake Helium (HNT) 1.51
See all 36 prices in Canada
2. Select a Helium Wallet in Canada
Once you have HNT, you'll need to choose a Helium wallet to store your tokens. Here are some great options available in Canada.
Platform Coin Staking rewards in Canada
Bitmart Helium (HNT) Up to 1% APY in Canada
3. Delegate Your HNT in Canada
We recommend using a staking pool when staking HNT. It's simpler and faster to get started. A staking pool is a group of validators who combine their HNT, 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 Helium network. You'll be rewarded with HNT for these validations.

Platform	Coin	Cost
Binance	Helium (HNT)	4.67
Coinbase	Helium (HNT)	1.51
Kraken	Helium (HNT)	1.51
Uphold	Helium (HNT)	3.2
Azbit	Helium (HNT)	1.51
Bake	Helium (HNT)	1.51

Platform	Coin	Staking rewards in Canada
Bitmart	Helium (HNT)	Up to 1% APY in Canada

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.