Earn up to
12.94% APY in Canada
An in-depth guide on how to stake Router Protocol (ROUTE) in Canada
We have a wealth of information on staking Router Protocol (ROUTE) 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.
Router Protocol (ROUTE) is currently priced at US$12.94 with a 24-hour trading volume of US$1.72M. The market cap of Router Protocol stands at US$21.27M, with 590.83M ROUTE in circulation. For those looking to buy or trade Router Protocol, Stakin offers avenues to do so securely and efficiently
Staking Router Protocol can be an excellent choice for Canadians looking to hold ROUTE 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 Router Protocol, you first need to acquire it. To obtain Router Protocol, you'll need to purchase it from one of these popular Canadian exchanges.
Once you have ROUTE, you'll need to choose a Router Protocol wallet to store your tokens. Here are some great options available in Canada.
| Platform | Coin | Staking rewards in Canada |
|---|---|---|
| Stakin | Router Protocol (ROUTE) | Up to 12.94% APY in Canada |
We recommend using a staking pool when staking ROUTE. It's simpler and faster to get started. A staking pool is a group of validators who combine their ROUTE, 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 Router Protocol network. You'll be rewarded with ROUTE 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.
ROUTE
ADA
BCH
BNB
BTC
DOGE
ETH
FIGR_HELOC
LINK
SOL
STETH
TRX
USDC
