How to Stake Nibiru (NIBI) in Canada

Introduction to Cryptocurrency in Canada

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

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

   Platform	Coin	Cost
   Bitmart	Nibiru (NIBI)	0.01
   CoinEx	Nibiru (NIBI)	0.01
   Gate.io	Nibiru (NIBI)	0.01
   Kucoin	Nibiru (NIBI)	0.01
   MEXC Global	Nibiru (NIBI)	0.01

   See all 10 prices in Canada

2. 2. Select a Nibiru Wallet in Canada

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

   Platform	Coin	Staking rewards in Canada
   Stakin	Nibiru (NIBI)	Up to 63.07% APY in Canada

3. 3. Delegate Your NIBI in Canada

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