Earn up to
13.5% APY in Canada
An in-depth guide on how to stake Ontology (ONT) in Canada
We have a wealth of information on staking Ontology (ONT) 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.
Ontology (ONT) is currently priced at US$10 with a 24-hour trading volume of US$19.73M. The market cap of Ontology stands at US$221.86M, with 912.7M ONT in circulation. For those looking to buy or trade Ontology, Binance offers avenues to do so securely and efficiently
Staking Ontology can be an excellent choice for Canadians looking to hold ONT 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 Ontology, you first need to acquire it. To obtain Ontology, you'll need to purchase it from one of these popular Canadian exchanges.
| Platform | Coin | Cost |
|---|---|---|
| Binance | Ontology (ONT) | 0.06 |
| OKX | Ontology (ONT) | 0.15 |
| Uphold | Ontology (ONT) | 0.14 |
| Azbit | Ontology (ONT) | 0.06 |
| BingX | Ontology (ONT) | 0.06 |
| Bitget | Ontology (ONT) | 0.06 |
Once you have ONT, you'll need to choose a Ontology wallet to store your tokens. Here are some great options available in Canada.
| Platform | Coin | Staking rewards in Canada |
|---|---|---|
| Binance | Ontology (ONT) | Up to 13.5% APY in Canada |
| CEX.io | Ontology (ONT) | Up to 10% APY in Canada |
| Exodus | Ontology (ONT) | Up to 17.08% APY in Canada |
We recommend using a staking pool when staking ONT. It's simpler and faster to get started. A staking pool is a group of validators who combine their ONT, 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 Ontology network. You'll be rewarded with ONT 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.
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