Introduction to Cryptocurrency in Canada

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

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

   Platform	Coin	Cost
   BingX	Refund (RFD)	0.000005084
   CoinEx	Refund (RFD)	0.000002401
   Gate.io	Refund (RFD)	0.000002201
   Kucoin	Refund (RFD)	0.000009916
   MEXC Global	Refund (RFD)	0.000004199

   See all 8 prices in Canada

2. 2. Select a Refund Wallet in Canada

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

3. 3. Delegate Your RFD in Canada

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