How to Stake Portal (PORTAL) in Canada

Introduction to Cryptocurrency in Canada

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

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

   Platform	Coin	Cost
   PrimeXBT	Portal (PORTAL)	0.02
   Binance	Portal (PORTAL)	0.02
   BTSE	Portal (PORTAL)	0.02
   Kraken	Portal (PORTAL)	0.02
   Azbit	Portal (PORTAL)	0.02
   BingX	Portal (PORTAL)	0.02

   See all 39 prices in Canada

2. 2. Select a Portal Wallet in Canada

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

   Platform	Coin	Staking rewards in Canada
   Bitmart	Portal (PORTAL)	Up to 1% APY in Canada

3. 3. Delegate Your PORTAL in Canada

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