How to Stake Mantle (MNT) in Canada

Introduction to Cryptocurrency in Canada

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

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

   Platform	Coin	Cost
   YouHodler	Mantle (MNT)	0.98
   Coinbase	Mantle (MNT)	0.98
   Kraken	Mantle (MNT)	0.98
   Uphold	Mantle (MNT)	0.68
   Bake	Mantle (MNT)	0.98
   BingX	Mantle (MNT)	0.99

   See all 27 prices in Canada

2. 2. Select a Mantle Wallet in Canada

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

   Platform	Coin	Staking rewards in Canada
   YouHodler	Mantle (MNT)	Up to 15% APY in Canada

3. 3. Delegate Your MNT in Canada

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