How to Stake PIVX (PIVX) in Canada

Introduction to Cryptocurrency in Canada

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

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

   Platform	Coin	Cost
   Binance	PIVX (PIVX)	0.12
   Bitmart	PIVX (PIVX)	0.12
   CoinEx	PIVX (PIVX)	0.12
   Gate.io	PIVX (PIVX)	0.16
   LBank	PIVX (PIVX)	0.34
   MEXC Global	PIVX (PIVX)	0.12

   See all 12 prices in Canada

2. 2. Select a PIVX Wallet in Canada

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

   Platform	Coin	Staking rewards in Canada
   MyCointainer	PIVX (PIVX)	Up to 6.5% APY in Canada

3. 3. Delegate Your PIVX in Canada

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