Introduction to Cryptocurrency in Canada
Staking Manta Network can be an excellent choice for Canadians looking to hold MANTA 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 Manta Network (MANTA) Tokens in Canada
To stake Manta Network, you first need to acquire it. To obtain Manta Network, you'll need to purchase it from one of these popular Canadian exchanges.
2. Select a Manta Network Wallet in Canada
Once you have MANTA, you'll need to choose a Manta Network wallet to store your tokens. Here are some great options available in Canada.
See all 5 staking rewards in CanadaPlatform Coin Staking rewards in Canada Bitget Manta Network (MANTA) Up to 20% APY in Canada Bitmart Manta Network (MANTA) Up to 1% APY in Canada 3. Delegate Your MANTA in Canada
We recommend using a staking pool when staking MANTA. It's simpler and faster to get started. A staking pool is a group of validators who combine their MANTA, 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 Manta Network network. You'll be rewarded with MANTA 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
Manta Network (MANTA) is currently priced at US$20 with a 24-hour trading volume of US$31.72M. The market cap of Manta Network stands at US$305.35M, with 385.54M MANTA in circulation. For those looking to buy or trade Manta Network, Bitget offers avenues to do so securely and efficiently
- Market capitalization
- US$305.35M
- 24h trading volume
- US$31.72M
- Circulating supply in Canada
- 385.54M MANTA