Introduction to Cryptocurrency in Canada

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

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

   Platform	Coin	Cost
   Binance	Neutron (NTRN)	0.03
   Kraken	Neutron (NTRN)	0.03
   Bake	Neutron (NTRN)	0.03
   BingX	Neutron (NTRN)	0
   Bitget	Neutron (NTRN)	0.03
   Bitmart	Neutron (NTRN)	0.09

   See all 34 prices in Canada

2. 2. Select a Neutron Wallet in Canada

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

3. 3. Delegate Your NTRN in Canada

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