Latest Movements in Canada
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- 24h trading volume
- US$1,185.9
Earn up to
1% APY in Canada
An in-depth guide on how to stake Nova Merged wBTC (zkLink) (WBTC) in Canada
We have a wealth of information on staking Nova Merged wBTC (zkLink) (WBTC) and we're excited to share some of this with you.
We present you with various staking options featuring other cryptocurrencies that may pique your interest.
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Staking Nova Merged wBTC (zkLink) can be an excellent choice for Canadians looking to hold WBTC 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.
To stake Nova Merged wBTC (zkLink), you first need to acquire it. To obtain Nova Merged wBTC (zkLink), you'll need to purchase it from one of these popular Canadian exchanges.
| Platform | Coin | Cost |
|---|---|---|
| Uphold | Nova Merged wBTC (zkLink) (WBTC) | 105,586.08 |
| Blockchain.com | Nova Merged wBTC (zkLink) (WBTC) | 19,154.51 |
| Currency.com | Nova Merged wBTC (zkLink) (WBTC) | 85,217.85 |
| FMFW.io | Nova Merged wBTC (zkLink) (WBTC) | 109,934 |
| Phemex | Nova Merged wBTC (zkLink) (WBTC) | 87,818.42 |
| Probit | Nova Merged wBTC (zkLink) (WBTC) | 107,090 |
Once you have WBTC, you'll need to choose a Nova Merged wBTC (zkLink) wallet to store your tokens. Here are some great options available in Canada.
| Platform | Coin | Staking rewards in Canada |
|---|---|---|
| FMFW.io | Nova Merged wBTC (zkLink) (WBTC) | Up to 1% APY in Canada |
We recommend using a staking pool when staking WBTC. It's simpler and faster to get started. A staking pool is a group of validators who combine their WBTC, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
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 Nova Merged wBTC (zkLink) network. You'll be rewarded with WBTC for these validations.
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.