Introduction to Cryptocurrency in Canada

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

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

   Platform	Coin	Cost
   Binance	Metis (METIS)	5.08
   BTSE	Metis (METIS)	5.06
   Coinbase	Metis (METIS)	5.07
   Kraken	Metis (METIS)	5.1
   OKX	Metis (METIS)	17.86
   Uphold	Metis (METIS)	18.62

   See all 41 prices in Canada

2. 2. Select a Metis Wallet in Canada

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

3. 3. Delegate Your METIS in Canada

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