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How to Stake Optimism (OP) in Canada

Earn up to
1% APY in Canada

What you’ll learn in this guide tailored for Canadians

  1. 1

    How to Stake Optimism (OP) in Canada

    An in-depth guide on how to stake Optimism (OP) in Canada

  2. 2

    Statistics about Optimism Staking in Canada

    We have a wealth of information on staking Optimism (OP) and we're excited to share some of this with you.

  3. 3

    Other cryptocurrencies you can stake

    We present you with various staking options featuring other cryptocurrencies that may pique your interest.

Introduction to Cryptocurrency in Canada

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

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

  2. 2. Select a Optimism Wallet in Canada

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

  3. 3. Delegate Your OP in Canada

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

Latest Movements in Canada

missing en-ca translation: common.latest-movements-copy

Market capitalization
US$2.39B
24h trading volume
US$337.53M
Circulating supply in Canada
1.35B OP
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Top Pairs for Optimism in Canada

Important Notice

Important Notice