Earn up to
18.9% APY in Canada
An in-depth guide on how to stake Self Chain (SLF) in Canada
We have a wealth of information on staking Self Chain (SLF) 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.
Self Chain (SLF) is currently priced at US$18.9 with a 24-hour trading volume of US$6.08M. The market cap of Self Chain stands at US$26.79M, with 97M SLF in circulation. For those looking to buy or trade Self Chain, Binance offers avenues to do so securely and efficiently
Staking Self Chain can be an excellent choice for Canadians looking to hold SLF 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 Self Chain, you first need to acquire it. To obtain Self Chain, you'll need to purchase it from one of these popular Canadian exchanges.
| Platform | Coin | Cost |
|---|---|---|
| Binance | Self Chain (SLF) | 0.02 |
| BTSE | Self Chain (SLF) | 0.08 |
| BingX | Self Chain (SLF) | 0.06 |
| Bitget | Self Chain (SLF) | 0.05 |
| Bitmart | Self Chain (SLF) | 0.000765 |
| Bitpanda | Self Chain (SLF) | 0.47 |
Once you have SLF, you'll need to choose a Self Chain wallet to store your tokens. Here are some great options available in Canada.
| Platform | Coin | Staking rewards in Canada |
|---|---|---|
| Binance | Self Chain (SLF) | Up to 18.9% APY in Canada |
We recommend using a staking pool when staking SLF. It's simpler and faster to get started. A staking pool is a group of validators who combine their SLF, 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 Self Chain network. You'll be rewarded with SLF 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.
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